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Paper Boy Inc stock has recently paid a dividend of $3 per share and it is expected to grow at 6.5%. Buyers of the stock

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Paper Boy Inc stock has recently paid a dividend of $3 per share and it is expected to grow at 6.5%. Buyers of the stock are seeking a return of 15% for 3 years, 12% for the next 3 years and 10% thereafter. What is the appropriate value for 1 share of Paper Boy Inc

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