Strawberry Fields is a market gardening company that is a sister company of Strawberry Wine. The company

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Strawberry Fields is a market gardening company that is a sister company of Strawberry Wine. The company has just paid a dividend of 6 per share. The dividends are expected to grow at a constant rate of 5% per year going forward. If the market required rate of return on the stock is 11.0%, determine the current market value of a share in Strawberry Fields.

a. 63

b. 83

c. 90

d. 105

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