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A company's common stock dividends have been growing at an annual rate of 4 . 7 % per year over the past 7 years. Current

A company's common stock dividends have been growing at an annual rate of 4.7% per year over the past 7 years. Current dividends are $2.60 per share. What is the current value of a share of this stock to an investor who requires a 11% rate of return if the
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