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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 12.00%, what is the value of a share of this stock? flag Select one: A. $10.00 B, $10.50 D. $18.00

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