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Assume that a company maintains a 51.4% dividend payout ratio and a %8 dividend growth rate. The required return on the company's stock is %12.

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Assume that a company maintains a 51.4% dividend payout ratio and a %8 dividend growth rate. The required return on the company's stock is %12. If the company is expected to pay a dividend of $2.57 next year (D), find the value of the company's growth opportunities the market assesses

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