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A share of common stock has just paid a dividend of $55.75 (i.e., D0 = $55.75). If investors require a 10.7 percent of return and
A share of common stock has just paid a dividend of $55.75 (i.e., D0 = $55.75). If investors require a 10.7 percent of return and the growth rate is zero, then what is the current stock price?
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