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a stock A stock just paid a $1.00 dividend. The dividend is expected to grow 20% a year for the next year, and at a

a stock
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A stock just paid a $1.00 dividend. The dividend is expected to grow 20% a year for the next year, and at a constant rate of 5% a year, thereafter. If the stock's required icturn is 18%, what is its price todayn \$17.27 $16.27 $13.94 $15.50 $13.43

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