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General Motors expects to pay dividends of $10 this year and $12 next year, after that the company expects to grow at a 4% rate

General Motors expects to pay dividends of $10 this year and $12 next year, after that the company expects to grow at a 4% rate for the rest of the company's life. What is the value of General Motors stock if investors require a 12% return to purchase the stock?

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