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A stock pays a constant dividend of $4.50/shareevery quarter(every 3 months) and a dividend was just paid. If the market's required return on this stock
A stock pays a constant dividend of $4.50/shareevery quarter(every 3 months) and a dividend was just paid. If the market's required return on this stock is12% PER YEAR, what is the market value of the stock?
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