E m roussakis incs stock currently sells for 45 per share


E. M. Roussakis 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, rs, is 15.50%. What is Roussakis' expected price 5 years from now?

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Finance Basics: E m roussakis incs stock currently sells for 45 per share
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