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A share of common stock has just paid a dividend of $2.00 (D0 = 2.00). The long-term growth rate for this stock is 15% (g
A share of common stock has just paid a dividend of $2.00 (D0 = 2.00). The long-term growth rate for this stock is 15% (g = .15) and investors require a 19% return (r = .19). What is the price of the stock today?
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