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26 O A firm will pay a dividend of $1.00 next year. The dividend is expected to grow at a constant rate of 2.63% forever

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26 O A firm will pay a dividend of $1.00 next year. The dividend is expected to grow at a constant rate of 2.63% forever and the required rate of return is 12.98%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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