A stock is expected to pay a dividend at the end of the


A stock is expected to pay a dividend at the end of the year (p_1 = 0.75) and It should continue to grow at a constant rate of 3% a year.

If 1st required return is 15% what is the stocks expected price 4 years from today?

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Financial Management: A stock is expected to pay a dividend at the end of the
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