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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

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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 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 $1.31 Dividend growth rate 6.8% Required return 11.5% The value of the firm's stock is $LI (Round to the nearest cent.)

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