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A company in your portfolio just paid a $1 per share dividend. You expect the dividend to grow steadily at a rate of 4% per

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A company in your portfolio just paid a $1 per share dividend. You expect the dividend to grow steadily at a rate of 4% per year. If the cost of capital for the stock is 10%, what is the expected stock price today? A. $16.67 B. $20.00 C. $17.33 D. $18.75 O E. $10.00

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