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please include all steps. thank you. 4. (1 credit) Trenton Motors paid $1 dividend last year and the required return on the stock is 15%.

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4. (1 credit) Trenton Motors paid $1 dividend last year and the required return on the stock is 15%. The firm expects earnings per share of $1.40 next year with annual earnings growth of 4%. What is the current value of this stock

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