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FINANCE 370-Prairies Oil Sands, Inc. is expected to pay a dividend of $1 in one year.

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June 8th, 2024

Prairies Oil Sands, Inc. is expected to pay a dividend of $1 in one year. If the dividend growth rate is 2 percent forever and the required return is 10 percent, what should the stock be sold for five years from now?

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