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Question 1 2 pts A stock's dividend in 1 year is expected to be $2.4. The dividend is expected to remain the same indefinitely.
Question 1 2 pts A stock's dividend in 1 year is expected to be $2.4. The dividend is expected to remain the same indefinitely. The stock's required return is 10%. The estimated value of the stock today is $ Margin of error for correct responses: +/- .05 Rounding and Formatting instructions: Do not enter dollar signs, percent signs, commas, X, or any words in your response. Do not round any intermediate work, but round your *final* response to 2 decimal places (example: if your answer is 12.3456, 12.3456%, or $12.3456, you should enter 12.35).
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