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A share of common stock has just paid a dividend of $7.4. If the expected long-run growth rate for this stock is 2.8 percent, and

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A share of common stock has just paid a dividend of $7.4. If the expected long-run growth rate for this stock is 2.8 percent, and if investors require a 21 percent rate of return, what is the price of the stock? $43.80 $35.80 $37.80 $41.80 $39.80

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