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please show all steps 14. A company is expected to pay dividend of $0.56 at the end of this year, and $0.10 dividend at the

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14. A company is expected to pay dividend of $0.56 at the end of this year, and $0.10 dividend at the end of the year 2. Thereafter, it is estimated that dividends will grow at a constant rate of 2% per year forever. Investors require a return of 12.49%. Given the above information, the current market value of the company common stock is

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