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#1 A firm will pay a dividend of $3.99 next year. The dividend is expected to grow at a constant rate of 4.16% forever and

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#1 A firm will pay a dividend of $3.99 next year. The dividend is expected to grow at a constant rate of 4.16% forever and the required rate of return is 13.67%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places unanswered not_submitted Attempts Remaining: 4 #1 The market price of a stock is $21.64 and it just paid a dividend of $1.00. The required rate of return is 11.55%. What is the expected growth rate of the dividend? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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