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A share of common stock has just paid a dividend of $2.5. If the expected long-run growth rate for this stock is 8.4 percent, and
A share of common stock has just paid a dividend of $2.5. If the expected long-run growth rate for this stock is 8.4 percent, and if investors require a 20 percent rate of return, what is the price of the stock? O $22.36 O $24.36 O $21.36 O $25.36 $23.36
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