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NEW QUESTION: 1
Theta Corp.'s stock is expected to appreciate 6% per year. If no dividends are paid out over the next 5 year and the current stock price is $28, what's the expected price in 5 years?
A. $34.9
B. $39.6
C. $41.2
D. $37.5
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The expected price in 5 years is 28*(1.06