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Bill Inc. common stock is expected to pay a $2.32 dividend at the end of the year and is in a risk class that requires
Bill Inc. common stock is expected to pay a $2.32 dividend at the end of the year and is in a risk class that requires an 8.5% required return. If this dividend is expected to grow forever at a 4.2% rate, what is the estimated value of Bill Inc.'s common stock?
Joe Inc.
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