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#17 A firm will pay a dividend of $2.45 next year. The dividend is expected to grow at a constant rate of 4.10% forever and

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#17 A firm will pay a dividend of $2.45 next year. The dividend is expected to grow at a constant rate of 4.10% forever and the required rate of return is 14.88%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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