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Please solve: The last dividend on Riverhawk Corporation's common stock was $3.00, and the expected constant growth rate is 10 percent. If you require a

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The last dividend on Riverhawk Corporation's common stock was $3.00, and the expected constant growth rate is 10 percent. If you require a rate of return of 20 percent, what is the highest price you should be willing to pay for this stock?

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