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Bob Katz is interested in the following stock: - current dividend is $3.00 - projected three year growth rate of 10% growth rate after year

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Bob Katz is interested in the following stock: - current dividend is $3.00 - projected three year growth rate of 10% growth rate after year 3 is expected to fall and remain constant at 6% - Bob's required return is 12% What is the value of this common stock? O $58.89 O $61.28 $63.68 O $66,17

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