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You own some shares of Dog Gone Software stock. The company just paid a dividend...

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Finance

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You own some shares of Dog Gone Software stock. The company just paid a dividend of $3.00 per share. The company and analysts expect the dividends to grow at 3.9 percent annually for the next decade. You require a 11.7 percent rate of return. What price should this stock sell for five years from today? Do not round intermediate steps. $46.57 $38.46 $50.27 $48.39 $44.82

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