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A firm paid a $1.73 dividend last year, and this is expected to grow at 4.23% per year. If investors require a 13.5% return on

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A firm paid a $1.73 dividend last year, and this is expected to grow at 4.23% per year. If investors require a 13.5% return on the company's equity, how much will they be willing to pay for a share of the company's stock? This cannot be solved with the provided information $12.81 $18.66 $40.90 $19.45

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