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Question 16 8 pts AAPL (Apple Inc.) just paid a dividend of $ 10 (i.e., Do=$10) a share. The dividend is expected to grow at

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Question 16 8 pts AAPL (Apple Inc.) just paid a dividend of $ 10 (i.e., Do=$10) a share. The dividend is expected to grow at a constant rate of 4% a year forever. If the required rate of return is 9%, what should the stock price be today? (Stock price) E B I Y A IX E 3 VX CTTT: 12pt I 2 Paragraph

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