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DIVIDEND GROWTH MODEL A stock is presently paying a $2.00 annual dividend. The dividend is expected to grow at the rate of 6% for the

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DIVIDEND GROWTH MODEL A stock is presently paying a $2.00 annual dividend. The dividend is expected to grow at the rate of 6% for the first 3 years and 4% thereafter. The risk-adjusted rate of return required is 15%. Required....what should be the selling price of the stock today

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