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Maple Drinks COrp. has just announced a dividend of $ 0 . 8 5 for thsi year and $ 0 . 8 9 for the

Maple Drinks COrp. has just announced a dividend of $0.85 for thsi year and $0.89 for the next year. Dividends are expected to grow at a constant rate indefinitely. What is the current stock price if the required return is 13 percent? a)11.25 b)10.73 c)8.59 d)9.57

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