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Marble Corporation's ROE is 20%. Their dividend payout ratio is 40%. The last dividend, just paid was $3. If dividends are expected to grow by
Marble Corporation's ROE is 20%. Their dividend payout ratio is 40%. The last dividend, just paid was $3. If dividends are expected to grow by the company's sustainable growth rate indefinitely, what is the current value of Marble common stock if its required return is 18%
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