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A stock is expected to pay a dividend of $1 at the end of the year. The required rate of return is 10%, and the

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A stock is expected to pay a dividend of $1 at the end of the year. The required rate of return is 10%, and the expected constant growth rate is g=3.0%. What is the stock's current price? a) $14.29 b) $15.83 c) $16.67 d) $18.67

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