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2b. Your business's dividend last year, Do, was $1.28. The business is expecting a growth rate in earnings and dividends of 6.5% in the future,

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2b. Your business's dividend last year, Do, was $1.28. The business is expecting a growth rate in earnings and dividends of 6.5% in the future, i.e., g=0.065. What is the current price of the common stock today (Po)? (10 points) Edit View Insert Format Tools Table 12pt Paragraph V : O words > :: 2b. Your business's dividend last year, Do, was $1.28. The business is expecting a growth rate in earnings and dividends of 6.5% in the future, i.e., g=0.065. What is the current price of the common stock today (Po)? (10 points) Edit View Insert Format Tools Table 12pt Paragraph V : O words >

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