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Macys just paid a dividend of 1.80. if the required return is 12% and the dividend is expected to grow at a constant rate of

Macys just paid a dividend of 1.80. if the required return is 12% and the dividend is expected to grow at a constant rate of 6% what is the most you would be willing yo pay for the stock today?

a. 15.00

b. 30.00

c. 31.80

d. 30.80

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