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12. a. The value of a share of stock: Increaes as the dividend growth rate decreases. b. Increases as the required rate of return decreases.

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12. a. The value of a share of stock: Increaes as the dividend growth rate decreases. b. Increases as the required rate of return decreases. Increases as the required rate of return increases. Jd. Both A and B. c

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