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Question 1 10 Points A firm has just paid (the moment before valuation) a dividend of 736 and is expected to exhibit a growth rate
Question 1 10 Points A firm has just paid (the moment before valuation) a dividend of 736 and is expected to exhibit a growth rate of 8% into the indefinite future. If the appropriate discount rate is 13%, what is the value of the stock? A) 14.77 B) 15.77 C) 16.77 D) 17.77 E 18.77
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