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Apple Inc, just paid a dividend of $1

Finance

Apple Inc, just paid a dividend of $1.90 per share on its stock. The dividends are expected to grow at a constant rate of 6 percent per year indefinitely. Investors require a return of 10 percent on the company's stock. What will the stock price be in three years? 59.97 62.87 65.00 67.00 69.54

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