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A firm has just paid an annual dividend of? $3.00 per share of common stock. If the expected longminus?run growth rate for this firm is?

A firm has just paid an annual dividend of? $3.00 per share of common stock. If the expected longminus?run growth rate for this firm is? 10%, and if you require an annual rate of return of? 16%, how much should you be willing to pay for a share of this? stock?

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