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The Stock Market

If a company's stock price is $170 per share, the stock's dividends are expected to grow at a rate of 6% per year for the indefinite future, and the interest rate is 9%, the stock's dividend to be received one year from now should be ________ per share.

▸ $56.67

▸ $11.33

▸ $5.10

▸ $25.50
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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tulipfiascotulipfiasco
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