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Lets say that you are considering an investment in the common stock of QuickFix Enterprises and are convinced that its last paid dividend of $1.25

Lets say that you are considering an investment in the common stock of QuickFix Enterprises and are convinced that its last paid dividend of $1.25 will grow at its historical average growth rate from here on. Using the past ten years of dividend history and a required rate of return of 14%, calculate the price of QuickFixs common stock.

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