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Assume future dividends will be $1000, which are expected to grow at 7% and the interest rate is 10%. What is the value of the
Assume future dividends will be $1000, which are expected to grow at 7% and the interest rate is 10%. What is the value of the stock today?
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A. $5,882.3
B. $10,000
C. $33,333.3
D. $14,285.7
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