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Based on the Constant-Growth DDM, what is the estimated market value for a dividend-paying stock given investor expectations that D(1) = $0.75, the required rate

Based on the Constant-Growth DDM, what is the estimated market value for a dividend-paying stock given investor expectations that D(1) = $0.75, the required rate of return is 12%and the expected growth is 3%?

A. $4.27

B. $8.33

C. $9.00

D. $15.00

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