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13.Use the following information to determine the value of Buckhill common stock: I.Expected dividend payout ratio is 45%. II.Expected dividend growth rate is 6.5%. III.Required

13.Use the following information to determine the value of Buckhill common stock: I.Expected dividend payout ratio is 45%. II.Expected dividend growth rate is 6.5%. III.Required return is 12.4%. IV.Expected earnings per share next year are $3.25.

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