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14. A listed company paid dividends of $2.40 last year. Its dividend growth rate is 5%, and your required rate of return is 10%. What

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14. A listed company paid dividends of $2.40 last year. Its dividend growth rate is 5%, and your required rate of return is 10%. What is the estimated stock price of this company according to the constant growth dividend model? 15. Given a monthly rate of 1.5%, what is the Annual Percentage Rate (APR)? What is the Effective Annual Rate(EAR)

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