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Common stock value Constant growth Use the constant-growth model (Gordon model) to find the value of the firm shown in the following table: (Click on
Common stock value Constant growth Use the constant-growth model (Gordon model) to find the value of the firm shown in the following table: (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Dividend expected next year $1.48 Dividend growth rate 9.4% Required return 12.8% The value of the firm's stock is $(Round to the nearest cent.)
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