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FOFA Ltd. is promising to pay 23.75 as dividend each year for ever whoever invests in this company and the current expected rate of return
FOFA Ltd. is promising to pay 23.75 as dividend each year for ever whoever invests in this company and the current expected rate of return on this stock is 7.25 percent. Find out the market price of this (FOFA) stock? (5 Points)
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