Question 13 Not The NoCanDo Company has been it hard due to increased competition. The...

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Question 13 Not The NoCanDo Company has been it hard due to increased competition. The company's analysts predict that earnings and dividends) will decine at a rate of 5% annually for an indefinite period of time. Assume that the required return consists of a 3 dividend yield and 8% capital gain components, and that the most recent divident per share was $2.00. What will be the price of the company's stock in three year? 1.00

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