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10. MP3 Corp. has a required rate of return of 13%, an expected dividend next period of $8, and a current market price of $200.

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10. MP3 Corp. has a required rate of return of 13%, an expected dividend next period of $8, and a current market price of $200. Dividends are expected to grow at 8% per period forever. By how much would the price have to fall before it equals the present value of future cash flows? a. $40 b. $60 c. $80 d. $100 e. $120

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