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(Common stock valuation) The common stock of NCP paid $1.37 in dividends last year. Dividends are expected to grow at an annual rate of 8-10

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(Common stock valuation) The common stock of NCP paid $1.37 in dividends last year. Dividends are expected to grow at an annual rate of 8-10 percent for an Indutinio number of years a. If your required rate of return is 10 60 percent, what is the value of the stock for you? b. Should you make the investment? a. If your required rate of rotum is 10.60 percent, the value of the stock for you is $(Round to the nearest cont) b. Should you make the investment? (Select from the drop-down menus.) You should make the investment If your expected value of the stock is greater than the current market price because the stock would be undervalued

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