Multiple Choice
A stock is expected to pay a $5.00 dividend per share. The growth rate is expected to be -2%. If investors demand 8% on this stock, what is the expected price of the stock 5 years from now?
A) $54.68
B) $45.20
C) $41.06
D) $53.12
Correct Answer:
Verified
Correct Answer:
Verified
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