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Burke Tires just paid a dividend of D0=$4.50. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2 ,

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Burke Tires just paid a dividend of D0=$4.50. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2 , and at a constant rate of 5% in Year 3 and thereafter. The required return on this low-risk stock is 9.00\%. What is the best estimate of the stock's current market value? Select the correct answer. a. $150.56 b. $151,36 c. $149.76 d. $152.96 e. $152.16

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