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A company has just paid a $ 1 . 0 0 dividend per share and dividends are expected to grow at a rate of 6

A company has just paid a $1.00 dividend per share and dividends are expected to grow at a rate of 6% indefinitely. If the required return is 13%, what is the value of the stock today?
$30.29.
$15.14.
$32.25.
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