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Week 7 - Assignme

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Week 7 - Assignme... Week Assignmei Week Assignme Week me 44 100% Week 6 - Assignment 2: Calculate Return on Equity (ROE) Instructions NCU ASC's current stock price is $24, and its last dividend was $1.89. NCU ASC has a very strong financial position so its required rate of return is 14%, and dividends are expected to grow at a constant nate in the future. Create an Excel workbook with two tabs in which you answer/solve the following (be sure to label tabs accordingly): 1. What is the constant growth rate of NCU ASO stock? 2. Given the growth rate in #1, what is NCU ASC's expected stock price in five years? Length: One Excel Workbook