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expexted to pay $3.40 a share dividend is expected to grow at at constant rate of 3% return on the stock is 16% 2. Problem

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expexted to pay $3.40 a share
dividend is expected to grow at at constant rate of 3%
return on the stock is 16%
2. Problem 9.02 (Constant Growth Valuation) Treinresisted to pay a $3.40 per store avion at the the year (+13:40). The dividend is expected to grow at a contare rate of New. Thered month What is the stock's current value per shore Round your answer to the nearestent

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