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General Electric Co. (GE) is expected to pay a $5.00 dividend at the end of this year. If you expect GE's dividend to grow by

General Electric Co. (GE) is expected to pay a $5.00 dividend at the end of this year. If you expect GE's dividend to grow by 4% per year forever and GE's equity cost of capital to be 11%, then the value of a share of GE stock is closest to ________. Group of answer choices $80.00 $94.12 $87.50 $71.43

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