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A share of common stock paid a dividend last year of $1.20 per share. The company expects future growth to occur at a constant rate

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A share of common stock paid a dividend last year of $1.20 per share. The company expects future growth to occur at a constant rate of 5.00%. The required rate of return for this stock is 13.00%. What is the value of a share of this stock? Select one: O A $15.00 B. $15.75 C. $17.14 OD$18.00

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