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P7-8 (similar to) Question Help Common stock value-Constant growth Use the constant-growth model (Gordon growth model) to find the value of the firm shown in

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P7-8 (similar to) Question Help Common stock value-Constant growth Use the constant-growth model (Gordon growth model) to find the value of the firm shown in the following table: (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Dividend expected next year $1.48 Dividend growth rate 7.2% Required return 11.4% The value of the firm's stock is $ . (Round to the nearest cent.)

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