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Jasim is considering purchasing the stock of Coca Cola because he really loves the taste of Coke. What should Jasim be willing to pay for

Jasim is considering purchasing the stock of Coca Cola because he really loves the taste of Coke. What should Jasim be willing to pay for Coca Cola today if it is expected to pay a $3 dividend in one year and he expects dividends to grow at 4 percent indefinitely? Jasim requires a 12 percent return to make this investment.

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