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A firm just paid a dividend of $2.31. The dividend is expected to grow at a constant rate of 2.37% forever and the required rate

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A firm just paid a dividend of $2.31. The dividend is expected to grow at a constant rate of 2.37% forever and the required rate of return is 12.78%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. The market price of a stock is $26.41 and it is expected to pay a $2.39 dividend next year. The dividend is expected to grow at 4.29% forever. What is the required rate of return for the stock? Submit Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09))

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