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An issue of common stock's most recent dividend is $4.15. Its growth rate is 5.0%. what is its price if the market's rate of return

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An issue of common stock's most recent dividend is $4.15. Its growth rate is 5.0%. what is its price if the market's rate of return is 9.7%? (Do not round intermediate calculations. Round your answer to 2 decimal places.) $93.30 $4415 O $98.30 O $92.71

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