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Business, 02.03.2020 18:29 sophiaa23

Connolly Co.'s expected year-end dividend is D 1 = $1.60, its required return is r s = 11.00%, its dividend yield is 6.00%, and its growth rate is expected to be constant in the future. What is Connolly's expected stock price in 7 years, i. e., what is ?

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