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caldwell inc just paid a dividend of $0.60. Its stock has a dividend growth rate of 7% and a required return 10%. What is the
caldwell inc just paid a dividend of $0.60. Its stock has a dividend growth rate of 7% and a required return 10%. What is the current stock price if we anticipate dividends to be paid forever?
a)$100
b) $218
c)214
d) This question cannot be answered due to the coupon payment info missing
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