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Ford pays a dividend of $.40/share. This dividend is expected to grow by 1% per year in the future and Ford has a 5%

Ford pays a dividend of $.40/share. This dividend is expected to grow by 1% per year in the future and Ford has a 5% cost of equity. Based on the Constant Dividend Growth Model, what is an appropriate price for Ford Stock? $10 $8 $12 0 $14

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