You currently own stock in SUU International, which just paid a dividend of 1.25 per...
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Accounting
You currently own stock in SUU International, which just paid a dividend of 1.25 per share. You expect to hold the stock for the next three years at which time you will sell it. If their dividend grows at 4% annually, and the required return on this stock is 9%, what will be the price of this stock when you sell it in three years?
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