Annual dividends that are expected to grow at constant rate

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Oxygen Optimization stock has an expected return of 18.19 percent and pays annual dividends that are expected to grow at a constant rate forever. The firm’s next dividend is expected in 1 year from today and is expected to be 16.03 dollars. If the firm’s dividend is expected to be 20.56 dollars in 8 years from today, then what is the price of the stock expected to be in 3 years from today?

Reference no: EM131056873

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