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$1 dividend was just paid. The dividend is expected to growth by 3% per year. If the market requires a return of 10% on assets

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$1 dividend was just paid. The dividend is expected to growth by 3% per year. If the market requires a return of 10% on assets of this risk, how much should the stock be selling for? $16.09$18.52$14.71$10.29 Question 2 (20 points) What is the stock price if a stockholder will receive $7 dividends per year indefinitely and annual required rate of return is 5%. 160 140 120 200

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