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(Constant growth model)Hilliard Inc. just paid a $2 annual dividend on its common stock. The dividend is expected to increase 2.1% per year indefinitely. If

(Constant growth model)Hilliard Inc. just paid a $2 annual dividend on its common stock. The dividend is expected to increase 2.1% per year indefinitely. If the required rate of return is 8.7%, the stocks value $_.

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