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1 Save & Exit I submit 8. Hacker Cigarettes Company expects sales, earnings, and dividends to decline 5 percent in the foreseeable future due to

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1 Save & Exit I submit 8. Hacker Cigarettes Company expects sales, earnings, and dividends to decline 5 percent in the foreseeable future due to rising taxes and falling demand. If their dividend is currently $3.50 and the required return is 15 percent, what would the constant growth model predict for Hacker's stock price? O $1663 o $1750 O $18.38 O $33.25 O $36.75 eBook & Resources Go to LO3

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