Recording Studios Inc. expects to pay an annual dividend of $1.73 next year and increase...
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Recording Studios Inc. expects to pay an annual dividend of $1.73 next year and increase it by 4.10 percent annually thereafter. Assuming the required return is 10.25 percent, how much will one share of this stock be worth twenty years from now?
- $65.41
- $55.70
- $57.98
- $60.36
- $62.83
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