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17. International Paper stock will pay a dividend of 2.25. If the expected growth rate is 6% while the market return is 12%, what is

17. International Paper stock will pay a dividend of 2.25. If the expected growth rate is 6% while the market return is 12%, what is the price you are willing to pay for this stock?

18. The current price of Kraft Foods stock is $30.00 and its last dividend was $1.16. What is its return if dividends are expected to grow indefinitely at 6 percent?

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