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D Question 12 4 pts Suppose 3M pays a dividend of $2 per share which the investor is expected to receive immediately. The dividend

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D Question 12 4 pts Suppose 3M pays a dividend of $2 per share which the investor is expected to receive immediately. The dividend is expected to grow by 5% per year and the investor has a required rate of return of 8%. What should be the current price of the stock according to the Gordon-Growth model? /Park, 2 $50 O $80 O $60 O $70 Unmute

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