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14) What is the stock price in year 7 for a firm if the dividend growth rate is 3.2%, the most recent dividend payment was

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14) What is the stock price in year 7 for a firm if the dividend growth rate is 3.2%, the most recent dividend payment was $2.80, and the required return is 9.66% ? A) $59.85 B) $55.77 C) $52.57 D) $55.97 E $57.00 F) None of the above

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