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Cisco pays a current dividend of $6 on its stock with a growth rate of 4%. If the required return on this stock is 10%,

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Cisco pays a current dividend of $6 on its stock with a growth rate of 4%. If the required return on this stock is 10%, a) what is the current share price (3 marks)? b) Cisco is having trouble with free cash flows and the financial market is anticipating a cut in the dividend. The market price of the stock is now $69.33. Assuming the growth rate stays at 4% and the required return is still 10%, what is the anticipated new dividend? (4 marks) c) Cisco's current share price is $92. It has a current dividend of $5 and a growth rate of 5%. What is the yield of the stock

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