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A firm just paid a dividend of $5.20 per share on its stock. The dividends are expected to grow at a constant rate of 5%

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A firm just paid a dividend of $5.20 per share on its stock. The dividends are expected to grow at a constant rate of 5% per year, indefinitely, if investors require the discount rate a 10% return on the firms stock, what will the price be in 5 (P5) years? D. None of the above B.51272 A. 5139.36 C. 8220

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