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Company D is expected to pay a $5.46 dividend at the end of the 6th year. You expect Company D's dividend to grow by 2.54%
Company D is expected to pay a $5.46 dividend at the end of the 6th year. You expect Company D's dividend to grow by 2.54% per year forever. Company D's equity cost of capital is 12.46%. What should be the price of the stock today?
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