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Burke Tires just paid a dividend of Do = $1.25. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year

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Burke Tires just paid a dividend of Do = $1.25. 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. $43.78 $42.06 $42.92 $43.35 $42.49

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