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JPK Inc. is expected to pay a dividend of $3 per share one year from today. Dividends are expected to grow at the rate of
JPK Inc. is expected to pay a dividend of $3 per share one year from today. Dividends are expected to grow at the rate of 6% per year. Investors require a rate of return of 12.7% on JPK stock. Using the constant-growth DDM, the price of the stock should be: $55.05 $51.29 $58.41 $47.46 $44.78
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