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Is th 7-9 Suppose your company is expected to grow at a constant rate of 6 percent long into the future. In addition, its dividend

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Is th 7-9 Suppose your company is expected to grow at a constant rate of 6 percent long into the future. In addition, its dividend yield is expected to be 8 percent. If your company expects to pay a dividend equal to $1.06 per share at the end of the year, what is the value of your firm's stock? for

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