Mariota Corp. just paid a dividend of $3.40 per share on its stock. The dividend...

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Accounting

Mariota Corp. just paid a dividend of $3.40 per share on its stock. The dividend growth rate is expected to be 4.1 forever and investors require a return of 11.8 percent on this stock. What will the stock price be in 10 years? Multiple Choice

$44.83

$68.70

$65.99

$61.45

$22.52

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