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Business, 18.03.2021 01:40 leonthegreat24

A firm is expected to pay a dividend of $5.00 next year and $5.75 the following year. Financial analysts believe the stock will be at their price target of $175 in two years. Compute the value of the stock with a required return of 19%. (Round your answer to 2 decimal places. Do not include a dollar sign.)

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A firm is expected to pay a dividend of $5.00 next year and $5.75 the following year. Financial anal...
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