The current price of a stock is $49 38. If dividends are expected to be $1.00 per share for the next five years, and the required retum is 9%, then what should the price of the stock be in 5 years when you plan to sell it? The price 5 years from now will be ____$ (Round your response to the nearest dollar) If the dividend and required return remain the jame, and the stock price is expected to increase by $1 five years from now does the current stock price also increase by $17 A. Yes, the current stock price will increase by $1 because the current stock price should not be discounted by the required return B. No, the current stock price will not increase by $1 because the future stock price is discounted by the required return. C. The answer is uncertain as stock prices can be very unpredictable
