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A company s earnings and dividends are declining at the constant rate of 2 . 0 % per year. If D 0 = $ 1

A companys earnings and dividends are declining at the constant rate of 2.0% per year. If D0= $10.00 and rs =21.80%, what is the estimated value of this companys stock today?
$80.97
$37.40
$74.84
$65.88
$41.18

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