In view of mmgs strong financial position its required

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Manhattan Med Group (MMG) has a current stock price of $47, and its last dividend (D0) was $2.90. In view of MMG's strong financial position, its required rate of return is 11%. If dividends are expected to grow at a constant rate in the future,

What is the firm's expected stock price in five years?

Reference no: EM13566730

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