Woidtke manufacturings stock currently sells for 3000 a


Woidtke Manufacturing's stock currently sells for $30.00 a share. The stock just paid a dividend of $1.44 a share (i.e., D0 = $1.44), and the dividend is expected to grow forever at a constant rate of 5.25% a year. What stock price is expected 1 year from now?

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Financial Management: Woidtke manufacturings stock currently sells for 3000 a
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