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Question 1 (2 points) XYZ, Inc. is expected to pay a dividend of $3 which is expected to grow at a constant annual rate of

Question 1 (2 points) XYZ, Inc. is expected to pay a dividend of $3 which is expected to grow at a constant annual rate of 3%. What is the value of this stock (to the nearest dollar) if the required rate of return is 11%? Your

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