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A company's constant dividend growth rate is -2.5% (this is a negative growth rate, so dividends are getting smaller). The company just paid a dividend
A company's constant dividend growth rate is -2.5% (this is a negative growth rate, so dividends are getting smaller). The company just paid a dividend of $9.96 and the required return is 12.1%. What is the price of the company's stock today?
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