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12. The current dividend is $3.00 for Stock A. The growth rate is 4.00%. The required rate of return is 8.00%. Based on the Dividend

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12. The current dividend is $3.00 for Stock A. The growth rate is 4.00%. The required rate of return is 8.00%. Based on the Dividend Discount Model what is the estimated price of Stock A? A. $37.50 B. $75.00 C. $78.00 D. $75.00

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