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Question 32 (1 point) ✓ Saved The stock of MTY Golf World currently sells for $80 per share. The firm has a constant dividend
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Answer: The correct answer is option E i.e. $84.80

Current Price, P0 = $80
Growth Rate, g = 6%

Price in 1 year from now, P1 = P0 * (1 + g)
Price in 1 year from now, P1 = $80 * (1 + 0.06)
Price in 1 year from now, P1 = $84.80

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