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A firm's most recent dividend on common stock was $5.00, and the expected growth rate is 10.00%. If you require a rate of return of

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A firm's most recent dividend on common stock was $5.00, and the expected growth rate is 10.00%. If you require a rate of return of 18.00%, what is the highest price you should be willing to pay for this stock? Select one: O a. $68.75 O b. $50.00 O c. $55.00 d. $62.50 e. $30.56

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