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Company A paid a $1.00 dividend per share this year and is expected to continue to pay out 40% of earnings as divodends for the
Company A paid a $1.00 dividend per share this year and is expected to continue to pay out 40% of earnings as divodends for the foreseeable future. If the firm is expected to generate a 10% return on equity in the future, and if you require a 12% return on the stock, the value of tge stock is ____.
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