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( Common stock valuation ) Header Motor, Inc., paid a $ 2 . 5 4 dividend last year. At a constant growth rate of 5

(Common stock valuation) Header Motor, Inc., paid a $2.54 dividend last year. At a constant growth rate of 5percent, what is the value of the common stock if the investors require a 9 percent rate of return?
a.
The value of the common stock is ?

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