Constant growth valuation woidtke manufacturings stock, Financial Management

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Constant growth valuation woidtke manufacturings stock

Constant Growth Valuation Woidtke Manufacturing's stock currently sells for $32.50 a share. The stock just paid a dividend of $1.04 a share (i.e., D0 = $1.04), and the dividend is expected to grow forever at a constant rate of 4.65% a year. What stock price is expected 3 year from now?

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Financial Management: Constant growth valuation woidtke manufacturings stock

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