Connectix incs stock currently sells for 3525 per share


Connectix Inc's stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 4.75% per year. The required rate of return on the stock is 11.50%. What is the stock's expected price 5 years from now?

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Financial Management: Connectix incs stock currently sells for 3525 per share
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