The current price of a stock is $102.00. If dividends are expected to be $10...
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The current price of a stock is $102.00. If dividends are expected to be $10 per share for the next 5 years, and the required return is 12%, then what should price of the stock be in 5 years when you plan to sell it? If the dividend and required return is expected to increase by $5 five years from now, does the current stock price also increase by $5? Why or why not?
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