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DVD's Forever has seen its business decline. It recently paid a dividend of $1.80, but this dividend is expected to decrease by 6% forever. If
DVD's Forever has seen its business decline. It recently paid a dividend of $1.80, but this dividend is expected to decrease by 6% forever. If the required rate of return is 8.57%, what is the value of one share of common stock? (Do not round intermediate answers, but round the final answer to two decimal places.) $48.34$51.42$10.92$11.61
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