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6. P&G's next dividend is expected to be $1.10 per share paid one year from today. How much are you willing to pay for a

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6. P&G's next dividend is expected to be $1.10 per share paid one year from today. How much are you willing to pay for a share of P&G stock if you expect the dividends to grow at a constant rate of 3% per year and the required rate of return on P&G is 9%

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