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A stock pays a constant $ 1 0 dividend per year in perpetuity and has an 1 1 % required return. What is the current

A stock pays a constant $10 dividend per year in perpetuity and has an 11% required return.
What is the current price of this stock?
a. $25
b. $91
c. $85.71
d. There is no way to determine the price of the stock
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