[Solved] Herrera Motor Inc. paid a $2.75 dividend

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Herrera Motor Inc. paid a $2.75 dividend last year. At a constant growth rate of 3 percent, what is the value of the common stock

Herrera Motor Inc. paid a $2.75 dividend last year. At a constant growth rate of 3 percent, what is the value of the common stock if the investors require a rate of return of 19

percent?

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