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21. The current dividend is S2 for Stock A. The required rate of return is 8%. Suppose you believe the growth rate is 5% but it is really 60 0. What...

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how to get $36?

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21. The current dividend is $2 for Stock A. The required rate of return is 8%. Suppose you believe the growth
rate is 5% but it is really 6%. What is the difierence in the stock price between your estimate and the actual fair
value? A. $29.00 B. $30.00 C. $33.33 D. $36.00

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