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QRS Inc. last paid a dividend of $2.39. Dividends are expected to grow indefinitely at -3%. If the required return was previously 7% but now
QRS Inc. last paid a dividend of $2.39. Dividends are expected to grow indefinitely at -3%. If the required return was previously 7% but now the required return is 7.6%, what is the current price of the stock?
Group of answer choices
$22.55
$53.52
$23.90
$51.96
$21.87
$23.18
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