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Jamal is looking at a stock with dividends tht are growing at 6 . 3 % . He exects to own the stock for 9

Jamal is looking at a stock with dividends tht are growing at 6.3%. He exects to own the stock for 9 years, then sel it for $50. This years dividend was $.70. What is the most jamal should pay for the stock to earn a return of 9.0%?

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