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A stock just paid a dividend of D_1 =$1.00 at time 0. The long-run growth rate of dividends is 5.4%, and investors' required rate of

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A stock just paid a dividend of D_1 =$1.00 at time 0. The long-run growth rate of dividends is 5.4%, and investors' required rate of return is 11.4%. What is its current stock price (P_0)? $18.01 $16.67 $16.21 $17.13 $17.57

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