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A share of Lash Inc.'s common stock just paid a dividend of $2.49. If the expected long-run growth rate for this stock is 5%, and
A share of Lash Inc.'s common stock just paid a dividend of $2.49. If the expected long-run growth rate for this stock is 5%, and if investors' required rate of return is 13%, what is the stock price? (Hint : The answer for my version is 84.55 - This is the format).
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