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4. You are thinking about purchasing a share of Fundamentally Right, Inc.s stock. The company expects that dividends will grow at 4% indefinitely. The company

4. You are thinking about purchasing a share of Fundamentally Right, Inc.s stock. The company expects that dividends will grow at 4% indefinitely. The company will distribute a dividend of $3.00 to all shareholders. If the required rate of return is 6%, what should you pay for Fundamentally Right, Inc.s stock today? What will you have to pay for the same stock in 10 years?

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