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Question 34 x Your answer is incorrect. Try again. Coronado Supplies Ltd. currently doesn't pay any dividends but is expected to start paying dividends in

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Question 34 x Your answer is incorrect. Try again. Coronado Supplies Ltd. currently doesn't pay any dividends but is expected to start paying dividends in five years. The first dividend is expected to be $1 and is expected to grow at 5.8 percent thereafter. The required rate of return for the firm is 10 percent. What is Coronado's current stock price? (Round intermediate calculations to 3 decimal places, e.g. 20.417 and the final answer to 2 decimal places, e.g. 15.61.) Stock price 31.57 LINK TO TEXT

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