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8. Constant-growth DCF model (S4.4) Company Z's earnings and dividends per share are expected to grow indefinitely by 5% a year. If next year's dividend

8. Constant-growth DCF model (S4.4) Company Z's earnings and dividends per share are expected to grow indefinitely by 5% a year. If next year's dividend is $10 and the cost of equity is 8%, what is the current stock price

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