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Hacksaw paid a $1.80 dividend this year. Hacksaw expects to grow the dividend at 2% a year indefinitely. The market requires a 7% return on

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Hacksaw paid a $1.80 dividend this year. Hacksaw expects to grow the dividend at 2% a year indefinitely. The market requires a 7% return on Hacksaw stock. What is the current price/value of Hacksaw stock? $40.80 $36.72 $36.00 $40.00

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