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A stock just paid a dividend of D0 = $1.50. The required rate of return is rs = 13.1%, and the constant growth rate is

A stock just paid a dividend of D0 = $1.50. The required rate of return is rs = 13.1%, and the constant growth rate is g = 4.0%. What is the current stock price?

Group of answer choices

$15.09

$19.71

$19.20

$17.66

$17.14

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