Belmort Co. just paid a dividend of $2.75. Future dividends are expected to grow by 2.5%...

Belmort Co. just paid a dividend of $2.75. Future dividends are expected to grow by 2.5% per year. If the required return is 8.8%, then what do you expect the price of the stock to be in 3 years? (NOTE: Round your answer to the nearest cent)

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jeff jeffy answered 2 years ago

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