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20-05-2023
Business

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Suppose today is Dec 31st 2018. The stock of Alliant Energy Corp. will pay a dividend of $0.36 every quarter in 2019. You expect its stock price will grow to $46.50 at the end of 2019. The required return on the stock is 8 percent as in APR (compounded quarterly). What should the stock price be today

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