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A stock has just paid a dividend of $10 per share. The required rate of return is 17%, and the expected constant growth rate is

A stock has just paid a dividend of $10 per share. The required rate of return is 17%, and the expected constant growth rate is 7%. What is the stock's expected price?

Select one:

a.$110.29

b.$105.22

c.$107

d.$106.75

e.$109.84

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