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3. Stock Koffers a $4 dividend every year to infinity, starting today. Stock J will pay a $2 dividend next year, and additional dividends will

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3. Stock Koffers a $4 dividend every year to infinity, starting today. Stock J will pay a $2 dividend next year, and additional dividends will grow at an annual rate of 4.0%. The market required rate of return for both stocks is 12%? Which stock has the highest price, if you plan to hold the stock forever? Prove your

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