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If expected dividends grow at 6% and the appropriate discount rate is 10%, what is the value of a stock with an expected dividend of

If expected dividends grow at 6% and the appropriate discount rate is 10%, what is the value of a stock with an expected dividend of $2.75? (Round your answer to 2 decimal places.) $68.75 $103.12 $34.38 $69.75

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