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Assume the firms dividend is $3.25 this year, and that the required rate of return for the firms industry is 10.3%. The firms dividend will
Assume the firms dividend is $3.25 this year, and that the required rate of return for the firms industry is 10.3%. The firms dividend will grow by 2.8% each year. What will be the market value of the firms stock today under the Dividend Discount Model?
A.) $41.42
B.) $44.55
C.) $43.33
D.) $46.53
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