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Casino Inc. is just paid a dividend of $4 per share and these dividends are expected to grow at a constant rate of 7% per

Casino Inc. is just paid a dividend of $4 per share and these dividends are expected to grow at a constant rate of 7% per year forever. If the required rate of return on the stock is 18%, what is current value of the stock today?

(If possible please show how to solve using excel)

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