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1. Financial analysts have forecasted the future growth rate for DEF Company's common stock dividend to be 5. DEF's recent dividend was ( $ 1.00

1. Financial analysts have forecasted the future growth rate for DEF Company's common stock dividend to be \5. DEF's recent dividend was \$ \\$ 1.00 / \$ share. What is the value of DEF stock when the required return is \15

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