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Nico Corporation just paid a dividend of $10.18 and dividends are expected to grow at a constant rate of 6 percent forever. If the required

Nico Corporation just paid a dividend of $10.18 and dividends are expected to grow at a constant rate of 6 percent forever. If the required rate of return is 12 percent, how much would you pay for this stock today? a. $169.67 b. $59.95 c. $179.84 d. $56.56

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