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inion norabe PROBLEM IV: CONSTANT GROWTH MODEL: Acme Stock just paid its annual of $2.00. It is expected to grow at a constant rate of

inion norabe PROBLEM IV: CONSTANT GROWTH MODEL: Acme Stock just paid its annual of $2.00. It is expected to grow at a constant rate of 6% annually. If it's required rate of return is 10%, what would the stock be expected to be worth today? 6 pts

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