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mero Pro Build Inc. has had a net income of $16 million in its most recent year. Net income is expected to grow by 3%

image text in transcribed mero Pro Build Inc. has had a net income of $16 million in its most recent year. Net income is expected to grow by 3% per year. The firm always pays out 70% of net income as dividends and has 4 million shares of common stock outstanding. The required return is 10%

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