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21 November, 06:42

The common stock of Royal Ranch House is selling for $20.23. The firm pays dividends that are expected to grow at a rate of 4.40% indefinitely. Your investment horizon is 9 years. What do you estimate the price of Royal Ranch House stock will be at that time?

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  1. 21 November, 10:24
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    20 - (65) xy-mx+b might ce the ranch house stock
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