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A common stock just paid a dividend of $1. The dividend is expected to grow at 5% for 6 years, then it will grow at

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A common stock just paid a dividend of $1. The dividend is expected to grow at 5% for 6 years, then it will grow at 4% for the next 4 years, and then it will grow at 3% forever. The discount rate is 12% in the first 8 years, and 10% afterwards. D Question 1 1 pts What is the stock price today

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