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Energy Partners next expected dividend, in one year, is $1.75. The firm's dividends are expected to grow by 6 percent for the indefinite future. What

Energy Partners next expected dividend, in one year, is $1.75. The firm's dividends are expected to grow by 6 percent for the indefinite future. What is the value of Cowboy's stock if the required rate of return is 12 percent?

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