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Assume that the Ford Otomotiv Sanayi A.S.(FROTO) is scheduled to pay a 43 per share dividend over the next year. If investors require 18% annual

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Assume that the Ford Otomotiv Sanayi A.S.(FROTO) is scheduled to pay a 43 per share dividend over the next year. If investors require 18% annual retum investments such as this and dividend is expected to grow at an annual rate on 14% per year, what is the current value of the stock? (15 pts.)

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