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Determine the price of the stock today. Bramble Natural Foods' current dividend is $8.00. You expect the growth rate to be 0 percent for years

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Determine the price of the stock today.

Bramble Natural Foods' current dividend is $8.00. You expect the growth rate to be 0 percent for years 1 to 5 , and 1 percent for years 6 to infinity. The required rate of return on this firm's equity is 11 percent

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