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Lilac Inc. just paid an annual dividend of $1.20 last month. The required return is 15...

Lilac Inc. just paid an annual dividend of $1.20 last month. The required return is 15 percent and the growth rate is 5 percent. What is the expected value of this stock 2 years from now? $12.60

$13.89

$14.59

$13.23

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