ANS: B 3. Bavarian Sausage just paid a $1.57 dividend and investors expect that dividend...
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ANS: B 3. Bavarian Sausage just paid a $1.57 dividend and investors expect that dividend to grow by 5% each year forever. If the required return on the stock investment is 14%, what should be the price of the stock in 5 years? a. $18.32 b. $23.33 c. $17.44 d. $22.26
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