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Herrera Motor Inc. paid $2.75 dividend last year. At a constant dividend growth rate of 6%, what is the value of the common stock if

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Herrera Motor Inc. paid $2.75 dividend last year. At a constant dividend growth rate of 6%, what is the value of the common stock if the investors require a rate of return of 20%? 18.23 19.67 22.74 20.82

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