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Q7 Dakota Oranges Company paid an annual dividend of $2.96 per share yesterday. Dividends are expected to grow at a constant rate of 7% forever.

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Dakota Oranges Company paid an annual dividend of $2.96 per share yesterday. Dividends are expected to grow at a constant rate of 7% forever. The required rate of return is 10%. Part 1 Attempt 1/10 for 10 pts. What is the stock's current value

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