James consol companys current stock price is 24 and its, Ask an Expert

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James Consol Company's current stock price is $24, and its last dividend was $1.60. in view of the firm's strong financial position and its consequent low risk, its required rate of return is only 12 percent. if dividends are expected to grow at a constant rate, g, in the future, and if ke is expected to remain constant at 12 percent, what is the firm's expected stock price 5 years from now?

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