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PepsiCo just paid an quarterly dividend of $0.80 per share and their dividends are expected to grow at 5% p.a. compounded fortnightly forever. PepsiCo's required

PepsiCo just paid an quarterly dividend of $0.80 per share and their dividends are expected to grow at 5% p.a. compounded fortnightly forever. PepsiCo's required rate of return is 8% p.a. compounded fortnightly. What is the present value of PepsiCo's stock? O $101.69 $112.18 $108.62 O $107.84 O $106.53

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