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Perrine Industrial Inc. just paid a dividend of $ 5 per share. Future dividends are expected to grow at a constant rate of 5 %

Perrine Industrial Inc. just paid a dividend of $5 per share. Future dividends are expected to grow at a constant rate of 5% per year. What is the value of the stock if the required returPerrine Industrial Inc. just paid a dividend of $5 per share. Future dividends are expected to grow at a constant rate of 5% per year. What is the value of the stock if the required return is 12%?n is 12%?

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