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Assume the firm's dividend payment this year is $2.35, and that the required rate of return for the firm's industry is 9.8%. If the firm's

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Assume the firm's dividend payment this year is $2.35, and that the required rate of return for the firm's industry is 9.8%. If the firm's dividend will grow 4.1% each year beginning next year, what is the market value of the firm's shares under the Dividend Discount Model? Assume this year's dividend has been paid already. O $42.92 O $39.47 O $23.90 O $41.09

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