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Assume that Pepsi stock currently pays $1.00 a year in dividends, The expected growth rate for the dividend is 9% and assume that you

Assume that Pepsi stock currently pays $1.00 a year in dividends, The expected growth rate for the dividend is 9% and assume that you need to earn 12% on stock. What is the present value of this stock using the Gordon Growth model? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt

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