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A 9 10 3. Financial analysts forecast XYZ company's growth for the future to be a constant 8%. XYZ's recent dividend was $0.88. What

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A 9 10 3. Financial analysts forecast XYZ company's growth for the future to be a constant 8%. XYZ's recent dividend was $0.88. What is the value of XYZ stock when the required return is 12%?

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