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

(Common stock valuation)The common stock of NCP paid $ in dividends last year. Dividends are expected to grow at an annual rate of percent for an indefinite number of years.

a.If your required rate of return is percent, what is the value of the stock for you?

b.Should you make the investment?

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