Daves incs stock currently sells for 45 per share the


Dave's Inc's stock currently sells for $45 per share.  The stock's dividend is projected to increase at a constant rate of 4% per year. The required rate of return on the stock is 12%. What is Dave's expected price six years from now?

 

 

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Finance Basics: Daves incs stock currently sells for 45 per share the
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