Hank's Barbecue just paid a dividend of $ 1 . 8 5 per share. The dividends are expected to grow at a 1 2 percent
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Hank's Barbecue just paid a dividend of $ per share. The dividends are expected to grow at a percent rate for the next five years and then level off to a percent growth rate indefinitely. If the required return is percent, what is the value of the stock today? Round to the nearest answer.
a $
b $
c $
d $

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