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A firm's most recent dividend on common stock was $5.00, and the expected growth rate is 8.00%. If you require a rate of return of

A firm's most recent dividend on common stock was $5.00, and the expected growth rate is 8.00%. If you require a rate of return of 15.00%, what is the highest price you should be willing to pay for this stock? Select one: a. $77.14 b. $71.43 c. $36.00 d. $62.50 e. $67.50

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