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Lowgro Inc. stock paid a dividend of $1.20 over the past year. The dividend is not expected to grow over the next five years. After

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Lowgro Inc. stock paid a dividend of $1.20 over the past year. The dividend is not expected to grow over the next five years. After the five-year no-growth period, the dividends are expected to grow at a 6% rte, indefinitely. If investors require a 10% return on Logrow stock, what is its current price

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