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AA Co. has forecasted its next dividend (to be paid in one year) to be $2.00 per share. It is expected that dividends will grow
AA Co. has forecasted its next dividend (to be paid in one year) to be $2.00 per share. It is expected that dividends will grow at 4% indefinitely. Assuming a discount rate of 12%, what is the current price of AA CO.? O $16.66 O $26.00 O $20.00 O $25.00
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