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A share of common stock just paid a dividend of $1.25. If the expected growth rate for this stock is a constant 5.5%, and if
A share of common stock just paid a dividend of $1.25. If the expected growth rate for this stock is a constant 5.5%, and if investors' required rate of return is 7.45%, then what is the stock price? a. $55.45 b. $73.04 c. $67.63 d. $51.40 e. $62.22
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