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If a stock is selling for $30.00 per share, has a dividend yield of 4 percent, and has a projected growth rate of 5 percent,

If a stock is selling for $30.00 per share, has a dividend yield of 4 percent, and has a projected growth rate of 5 percent, should you consider purchasing this stock, based solely on the discounted dividends evaluation theory, if your required rate of return is 10 percent? Explain why?

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