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How much should you pay for a share of stock that offers a constant-growth rate of 10%, requires a 16% rate of return, and is

How much should you pay for a share of stock that offers a constant-growth rate of 10%, requires a 16% rate of return, and is expected to sell for $50 one year from now? A. $42.00 B. $45.00 C. $45.45 D. $47.00

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