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IBM just paid an annual dividend of $3.8 per share. The dividend is expected to grow by 3% per year. The required rate of return

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IBM just paid an annual dividend of $3.8 per share. The dividend is expected to grow by 3% per year. The required rate of return is 12%. Part 1 - Attempt 1/10 for 6 pts. What is the best estimate of the stock's value? 1+ decimals Submit Part 2 Attempt 1/10 for 6 pts. What is the best estimate of the stock's value in 5 years? 1+ decimals Submit

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