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23 A stock is expected to pay a dividend of $1.35 at the end of the year. The required rate of return is -10.5%, and
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A stock is expected to pay a dividend of $1.35 at the end of the year. The required rate of return is -10.5%, and the expected constant growth rate is - 8.2%. What is the stock's current price? a. $64.86 b. $16.46 c. $12.86 d. $58.70 e. $63.51 Acanthou Step by Step Solution
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