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If the dividend is $1.95/share, market price at the year-end is $42.50, and the required rate of return is 11%, what is the current value

  1. If the dividend is $1.95/share, market price at the year-end is $42.50, and the required rate of return is 11%, what is the current value of the stock?

***Please use financial calculator and write down steps to get answer****

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