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An issue of common stock's most recent dividend is $3.75. Its growth rate is 5.0%. What is its price if the market's rate of return
An issue of common stock's most recent dividend is $3.75. Its growth rate is 5.0%. What is its price if the market's rate of return is 7.8%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Multiple Choice $138.93 O O $140.62 $66.96
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