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Gator Aircraft plc. just paid a dividend of $3 per share, which it expects to grow at 5 percent per year forever. If the

Gator Aircraft plc. just paid a dividend of $3 per share, which it expects to grow at 5 percent per year forever. If the expected return on the stock is 20%, what is the price of a share of Gator stock today? A $18 B) $21 C) $20 D $22

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