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A firm will pay a dividend of $3.11 next year. The dividend is expected to grow at a constant rate of 4.98% forever and the

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A firm will pay a dividend of $3.11 next year. The dividend is expected to grow at a constant rate of 4.98% forever and the required rate of return is 14.65%. The value of the stock is $ 01) 32.16 2) 32.84 3) 33.24 4) 33.98 5) 34.29

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