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Assume that the dividends to be paid on a stock next period are expected to be $ 2 . Investors require 1 5 percent to

Assume that the dividends to be paid on a stock next period are expected to be $2. Investors require 15 percent to invest in the stock and dividends are expected to grow at 10 percent per year. What is the value of this index?
$13.33
$20.00
$40.00
$45.00

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