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10. (1 point) A firm just paid a dividend of $2.45 per share on its stock. The dividends are expected to grow at a constant

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10. (1 point) A firm just paid a dividend of $2.45 per share on its stock. The dividends are expected to grow at a constant rate of 4.55% per year, forever. If investors require a rate of return of 19.25%, compute the stock's current fair value. Round to the nearest \$0.01. 11. (1 point) A firm will pay a $4 dividend per share per year, forever. If the investors required rate of return is 18.60%, compute the stock's current fair value. Round to the nearest $$0.01. 12. ( 1 point) A firm will pay a constant $18.25 dividend per share for the next 8 years and then cease to pay dividends for the rest of its existence. If the required rate of return on the stock is 16.15%, compute the stock's current fair value. Round to the nearest \$0.01. Hint: What is the fair price of any financial asset

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