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WhiteEd Inc.'s stock currently sells for $100 per share. The dividend is projected to increase at a constant rate of 2.5% per year. The required rate of return on the stock, R, is 4.5%. What is the stock's expected price 3 years from now?

  • $106.12
  • $98.04
  • $95.69
  • $102.50
  • $107.69

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91646228

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