The current price is 110. Suppose the expected growth rate of dividends rises to 6% (the upcoming year’s dividends are

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answerhappygod
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The current price is 110. Suppose the expected growth rate of dividends rises to 6% (the upcoming year’s dividends are

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The current price is 110. Suppose the expected growth rateof dividends rises to 6% (the upcoming year’s dividends are notaffected, only future dividends to be announced). Whatimmediately must happen to the stock’s price?
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