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Financial analysts forecast Safeco Corp's (SAF) growth rate for the future to be 8 percent Safeco's recent dividend was $1.25. What is the value of

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Financial analysts forecast Safeco Corp's (SAF) growth rate for the future to be 8 percent Safeco's recent dividend was $1.25. What is the value of Safeco stock when the required return is 10 percent? (Round your answer to 2 decimal places.) Answer is complete but not entirely correct. N 49

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