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Next year, the price of a stock is expected to be $2,200 and the stock will pay a $55 dividend. The interest rate is 10%.

Next year, the price of a stock is expected to be $2,200 and the stock will pay a $55 dividend. The interest rate is 10%. Based on the dividend-discount model, what is the current price of this stock?

Multiple Choice O $1,980 O $2,050 O $2,035 O $2,000

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