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Assume Silvio's Steakhouse pays the dividend of $3.71 this year. For the next 30 years, the firm's dividend will grow by 5.6%, then it will

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Assume Silvio's Steakhouse pays the dividend of $3.71 this year. For the next 30 years, the firm's dividend will grow by 5.6%, then it will grow by 4.8% each year afterwards. The required rate of return for the firm's industry is 11.6%. What is the present value of the firm's stock under the Dividend Discount Model? $50.32 O $63.75 O $55.33 O $60.33

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