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Financial analysts forecast Safeco Corp.s (SAF) growth rate for the future to be 11 percent. Safecos recent dividend was $1.40. What is the value of

Financial analysts forecast Safeco Corp.s (SAF) growth rate for the future to be 11 percent. Safecos recent dividend was $1.40.

What is the value of Safeco stock when the required return is 13 percent?

Value of stock $

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