What is the expected price of gdl 1 year from


GDL just paid a dividend of $4 per share. Investors expect the company's dividends to grow at a constant rate of 4% per year, and they require a 11% return to invest in the stock. What is the expected price of GDL 1 year from now?

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Financial Management: What is the expected price of gdl 1 year from
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