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An issue of common stock's most recent dividend is $4.45. 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 $4.45. Its growth rate is 5.0%. What is its price if the market's rate of return is 10.0% (Do not round intermediate calculations. Round your answer to 2 decimal places.) Multiple Choice $93.45 599.00 $44.50 594.00 Prey 46 of 80 ! Next >

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