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QUESTION
A stock is currently priced at $30. Its dividend is expected to grow at a rate of 5.8% per year indefinitely. The stock's required return is 9.
4.A stock is currently priced at $30.8. Its dividend is expected to grow at a rate of 5.8% per year indefinitely. The stock's required return is 9.2%. The stock's predicted price 7 years from now, P7, should be $________.
