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A share of common stock just paid a dividend of $1.05. If the expected long-run growth rate for this stock is 5.4%, and if

A share of common stock just paid a dividend of $1.05. If the expected long-run growth rate for this stock is 5.4%, and if investors' required rate of return is 10.0%, then what is the stock price? $24.06 $20.83 $21.96 $23.50 Page 2 of 6

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