The common stock of royal ranch house is selling for 2129, Ask an Expert

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The common stock of Royal Ranch House is selling for $21.29. The firm pays dividends that are expected to grow at a rate of 4.40% indefinitely. Your investment horizon is 10 years. What do you estimate the price of Royal Ranch House stock will be at that time? (Round your answer to 2 decimal places.)

Stock price $

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92410787

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