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A stock is expected to pay a $ 5 . 0 0 per share dividend over the coming year. The company's earnings and dividends are

A stock is expected to pay a $5.00 per share dividend over the coming year. The company's earnings and dividends are expected to grow at 10% per year for the foreseeable future. What is the value of this stock if the appropriate required return on the stock is 16%?
$34.31
$91.67
$83.33
$4.31
None of the listed items is correct.

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