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How much would you pay for a Summerhill common stock that pays a dividend of $ 1 . 8 ? You believe that Summerhill will

How much would you pay for a Summerhill common stock that pays a dividend of $1.8? You believe that Summerhill will grow at the rate of 11% for the long term, and you would require a return of 13% from such a stock.a.$ 99.90b.$ 90.00c.$ 15.37d.$ 88.27e.$ 14.45

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