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A stock is expected to pay dividends in 10 periods. The first dividend will be $3.65 and subsequent dividends are forecasted to stay constant for
A stock is expected to pay dividends in 10 periods. The first dividend will be $3.65 and subsequent dividends are forecasted to stay constant for the foreseeable future. If the required return on the stock is 9.0%, what is its current value?
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