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A company is set to pay a stock dividend of $13 next year. The dividends will grow at a constant rate of 4% thereafter. The

A company is set to pay a stock dividend of $13 next year. The dividends will grow at a constant rate of 4% thereafter. The required rate of retum is 10.4%. Find the current price of the stock. O $125.00 O $211.26 $201.10 $203.13 $325.00

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