Wrecks tire manufacturings stock currently sells for 48 per


Wrecks Tire Manufacturing's stock currently sells for $48 per share. The stock just paid a dividend of $2.23 per share this morning, and the dividend is expected to grow forever at a constant rate of 4% per year. What stock price is expected one year from now?

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Finance Basics: Wrecks tire manufacturings stock currently sells for 48 per
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