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ABC Airways common stock just paid a dividend of $2.50 . Dividends are expected to grow at a rate of 8% indefinitely. If investors require
ABC Airways common stock just paid a dividend of
$2.50
. Dividends are expected to grow at a rate of
8%
indefinitely. If investors require a rate of return on the stock of
15%
, what should be the value of ABC Airway's common stock today?\
$41.46
\
$35.71
\
$38.57
\
$42.44
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