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coral way bank pays a dividend of $2 this past year which is expected to flow...

coral way bank pays a dividend of $2 this past year which is expected to flow by 10% over the next year. what should the stock price be in one year if the required rate of return is 10% and the banks long term rate is 5%?

a. 40

b. 20

c. 22

d. 44

e. none of the above

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Expert Solution

jeff jeffy answered 2 years ago
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