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MCI, Inc. paid a common stock dividend of $ 0 . 8 0 recently. The managment expects a constant dividend growth rate of 0 %

MCI, Inc. paid a common stock dividend of $0.80 recently. The managment expects a constant dividend growth rate of 0%. The stock has a required rate of return of 13%, what is the value of the stock? a. $6.15, b. $6.34, c. $8.24, d. $9.04, e. $30.33

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