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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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