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  3. ) what is the current price of a companies common

) What is the current price of a companies common stock if its current dividend...

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Finance

  1. ) What is the current price of a companies common stock if its current dividend of $1.50 will grow 20% per year for the next five years and you want to earn a 15% rate of return, and if you sell the share of common stock five years from now for $27?
    1. $35.53
    2. $44.32
    3. $21.95
    4. $20.09

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