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is paying dividends on its common shares on a regular basis with a constant growth rate. The dividend last year was $ 1 . 0

is paying dividends on its common shares on a regular basis with a constant growth rate. The dividend last year was $1.00 and this year the dividend is $1.25. If the required rate of return is 12%, what is the current price of the common share? $8.33 $10.42 Cannot be calculated 5.00

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