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A corporation pays a dividend of $0.75 per year, and its equity cost of capital is 14%. If the dividends continue indefinitely, what is the
A corporation pays a dividend of $0.75 per year, and its equity cost of capital is 14%. If the dividends continue indefinitely, what is the value of the company stock? Group of answer choices $8.70 $9.83 $3.47 $5.36
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