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How much should an investor pay for this stock: Year 1 Dividend $ 1.00 Year 2 Dividend $ 2.00 Year 3 Dividend $ 4.00 Year

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How much should an investor pay for this stock: Year 1 Dividend $ 1.00 Year 2 Dividend $ 2.00 Year 3 Dividend $ 4.00 Year 4 Dividend $ 4.00 Constant growth rate after year 4.5% Required return 13.0% Show your detailed answers for each step

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