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Question 32 (0.4286 points) Gustav Technologies (GT) has just developed a new vaccine. As a result, GT is expected to experience a 15% annual growth

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Question 32 (0.4286 points) Gustav Technologies (GT) has just developed a new vaccine. As a result, GT is expected to experience a 15% annual growth rate for the next 5 years. By the end of 5 years, other firms will have developed comparable vaccines, and GT's growth rate will slow to 5% per year indefinitely. Stockholders require a return of 12% on GT's stock. The most recent annual dividend, which was paid yesterday, was $1.75 per share. What is GT's stock value today? $39.43 $52.80 $38.02 $45.22

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