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A share of common stock just paid a dividend (Do) of $1.42. If the expected long-run growth rate for this stock is 4.5%, and if
A share of common stock just paid a dividend (Do) of $1.42. If the expected long-run growth rate for this stock is 4.5%, and if investors' required rate of return is 11.6%, what is the stock price? $19.36$18.57$17.28$16.45$20.90
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