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A share of common stock just paid a dividend of $ 1 . 0 0 . If the expected long - run growth rate for

A share of common stock just paid a dividend of $1.00. If the expected long-run growth rate for this stock is 5.4%, and if investors' required rate of return is 9.2%, then what is the stock price?
a. $25.80
b. $33.84
c. $22.74
d. $27.74
e. $25.52
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