What is the price of the stock five years from now

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O'Leary Corporation's last dividend paid was $1.00. Dividends are expected to grow at a rate of 17% this year, 15% next year, 10% the following year and 5% thereafter. The required rate of return is 15%.

What is the price of the stock 5 years from now?

Reference no: EM13909179

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