You're analyzing the stock of a certain company. The most recent dividend paid was $6 dollars...

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You're analyzing the stock of a certain company. The most recent dividend paid was $6 dollars...

You're analyzing the stock of a certain company. The most recent dividend paid was $6 dollars per share. The company's discount rate is 12%, and the firm is expected to grow at 5% per year forever. What should be the stock price in one year?

Enter your answer in dollars, rounded to the nearest cent.

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You're analyzing the stock of a certain company. The most recent dividend paid was $7 dollars...

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You're analyzing the stock of a certain company. The most recent dividend paid was $6 dollars...