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A stock just paid a dividend of D 0 = $1.50. The required rate of return is r s = 14.1%, and the constant growth

A stock just paid a dividend of D₀ = $1.50. The required rate of return is r_s = 14.1%, and the constant growth rate is g = 4.0%. What is the current stock price?

a. $12.82

b. $15.45

c. $18.84

d. $12.97

e. $19.15

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