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Marble Corporation s return on investment is 1 7 % . Their dividend payout ratio is 2 0 % . The last dividend, just paid,

Marble Corporations return on investment is 17%. Their dividend payout ratio is 20%. The last dividend, just paid, was $2.58. If dividends are expected to grow by the companys sustainable growth rate indefinitely, what is the current value of Marble common stock if its required return is 18%?
A. $14.33
B. $18.27
C. $47.67
D. $66.61

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