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Problem 8-13 (similar to) Question Help (Common stock valuation) Herrera Motor Inc. paid a $3.50 dividend last year. At a constant growth rate of 6

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Problem 8-13 (similar to) Question Help (Common stock valuation) Herrera Motor Inc. paid a $3.50 dividend last year. At a constant growth rate of 6 percent, what is the value of the common stock if the investors require a rate of return of 22 percent

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