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Question 15 4 pts CG just paid a dividend of $1.60 per share. The dividend is expected to grow at a constant rate of 6%

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Question 15 4 pts CG just paid a dividend of $1.60 per share. The dividend is expected to grow at a constant rate of 6% a year. The required rate of return on the stock = 12.5%. Estimate the stock's value per share one year from today. - $27.66 $28.71 $29.34 $26.53 $30.15

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