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Whiteed incs stock currently sells for 100 per share the

WhiteEd Inc.'s stock currently sells for $100 per share. The dividend is projected to increase at a constant rate of 2.5% per year. The required rate of return on the stock, R, is 4.5%. What is the stock's expected price 3 years from now?

$106.12
$98.04
$95.69
$102.50
$107.69

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Business Management: Whiteed incs stock currently sells for 100 per share the

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