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Herbovore's Vegetarian Delites Corporation (HVD) plans to pay a dividend of $1.83. Dividends will grow at a rate of 3.00% for 4 years then return

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Herbovore's Vegetarian Delites Corporation (HVD) plans to pay a dividend of $1.83. Dividends will grow at a rate of 3.00% for 4 years then return to the normal growth rate of 1.00% for the foreseeable future. If the required rate of return is 4.00%, what is the current price (P0) of a share of HVD common stock? $6.94 $64.49 $67.99 $66.21

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