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Hyde Inc. is expected to pay a dividend of $ 4 . 0 0 per share next year ( that is , D 1 =
Hyde Inc. is expected to pay a dividend of $ per share next year that is$ which is expected to grow at a rate annually forever thereafter. Given the risk level of the stock, investors require a return on this stock, what should be the market price of Hyde Inc.s common stock?
a $
b $
c $
d $
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