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A firm plans to pay $0.65 per share in dividends in the coming year. If the firm's equity cost of capital is 11.0% and its

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A firm plans to pay $0.65 per share in dividends in the coming year. If the firm's equity cost of capital is 11.0% and its dividends are expected to grow by 2.5% per year in the future, what should be the current share price? $5.91 $6.06 $7.65 $7.46 $7.84

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