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Compute the value of the stock with the required return

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Question 1: A firm is expected to pay a dividend at $2.45 next year and $2.60 the following year. Financial analysis believe the stock will be at their price target of $95 in two years. Compute the value of the stock with the required return of 12.4% (round answer to two decimals)

Reference no: EM132488446

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