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Harry Corporation's common stock currently sells for $162.4 per share. Harry paid a dividend of...

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Finance

Harry Corporation's common stock currently sells for $162.4 per share. Harry paid a dividend of $10.00 yesterday, and dividends are expected to grow at a constant rate of 6 percent forever. If the required rate of return is 13 percent, what will Harry Corporation's stock sell for one year from now, immediately after it pays its next dividend?
a.
160.5
b.
154.5
c.
None of the above
d.
233.3
e.
224.7

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