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A firm expects to pay dividends at the end of each of the next four years of $2.40, $2.30, $2.10, and $2.90. Growth rate is

A firm expects to pay dividends at the end of each of the next four years of $2.40, $2.30, $2.10, and $2.90. Growth rate is then expected to be at 4 % constantly. If you require a 10 percent rate of return, what is the value of this firms stock? (Stock Valuation)

Group of answer choices

42.01

51.66

49.34

41.97

52.48

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