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Potter Corp. just paid a dividend of $1.50 per share (D0). The dividend is expected to grow at a constant rate of 7.3% per year
Potter Corp. just paid a dividend of $1.50 per share (D0). The dividend is expected to grow at a constant rate of 7.3% per year in the future. If the required rate of return (rs) is 12.75%, what is the company's current stock price?
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