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A stock just paid a dividend of Do = $1.50. The required rate of return is 10.1%, and the constant growth rate is 4.0%. What

image text in transcribedA stock just paid a dividend of Do = $1.50. The required rate of return is 10.1%, and the constant growth rate is 4.0%. What is the price of the stock in one year (i.e., P1)?

A stock just paid a dividend of D0=$1.50. The required rate of return is 10.1%, and the constant growth rate is 4.0%. What is the price of the stock in one year (i.e., P1 )? $25.57 $26.31 $24.93 $26.60

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