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2. general motors expects to pay dividends of $ 10 this year and $ 12 next year, after that the company expects to grow at

2. general motors expects to pay dividends of $ 10 this year and $ 12 next year, after that the company expects to grow at a 5% rate for the rest of the company's life. what is the value of general motors stock if investors require a 16% return to purchase the stock?

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