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a. Using the dividend discount model, what is the current market value of a stock (i.e., PO) that has a par value of $0.10 per

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a. Using the dividend discount model, what is the current market value of a stock (i.e., PO) that has a par value of $0.10 per share, a dividend growth rate of 5%, and an expected dividend of $.80 per share at the end of the year, assuming your required rate of return for the stock is 12.5%? Assume the market is at equilibrium

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