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Intro Southern Power just paid an annual dividend of $7.4 per share. Because of increasing competition from home solar installations, the dividend is expected to

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Intro Southern Power just paid an annual dividend of $7.4 per share. Because of increasing competition from home solar installations, the dividend is expected to shrink by 3% per year. The required rate of return is 8%. Part 1 What is the value of the stock? H+ decimals Submit BAttempt 1/6 for 5 pts

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