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Canvas -> XC Question 5 6 pts The last dividend paid was $2.50. The growth rate is expected to be a constant 2 percent for

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Canvas -> XC Question 5 6 pts The last dividend paid was $2.50. The growth rate is expected to be a constant 2 percent for 2 years after which dividends are expected to grow at a rate of 5 percent forever. The required rate of return on equity (r) is 5.5 percent. What is the current price of the common stock? BIVA-A- IEE3XX.EE - 2 VTT: 12pt Paragraph W ER . G s DF

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