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Fey Fashions expects the following dividend pattern over thenext seven? years:Year 1Year 2Year 3Year 4Year 5Year 6Year 7?$1.00?$1.10?$1.21?$1.33?$1.46?$1.61?$1.77The company will then have a constant dividend of ?$2.00forever. What is the? stock's price today if an investor wants toearna. 17?%? $_______ (Round to the nearest?cent.)b. 22?%? $_______ (Round to the nearest?cent.)
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