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6. What is the value of a common stock whose current dividend is $4 per share, if investors require a 10% return and analyst expect
6. What is the value of a common stock whose current dividend is $4 per share, if investors require a 10% return and analyst expect no earnings growth and the divideny to remain constant at its current level.
a. $45
b. $40
c. $35
d. none of the listed options is correct
e. $50
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