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Nachman Industries just paid a dividend of DO = $3.75. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year

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Nachman Industries just paid a dividend of DO = $3.75. Analysts expect the company's dividend to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The required return on this low-risk stock is 9.00%. What is the best estimate of the stock's current market value? Oa. $144.04 Ob. $135.11 Oc. $127.47 Od. $151.68 Oe. $130.01

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