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What would the stock price be?

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We would expect that, all else being equal, investors would pay less for a stock that they view as having become more risky. Assume a stock has just paid a $2.00-per-share dividend. Analysts believe that future dividends will grow at a 14% rate. The constant dividend growth rate is 4%. What would the stock price be?

Oct 18th, 2017
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Oct 18th, 2017
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Oct 18th, 2017
Oct 19th, 2017
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