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QUESTION 7 Assume that Clorox stock currently pays $3.52 a year in dividends. The expected growth rate for the dividend is 4% and assume that

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QUESTION 7 Assume that Clorox stock currently pays $3.52 a year in dividends. The expected growth rate for the dividend is 4% and assume that you need to earn 12% on stock. What is the present value of this stock using the Gordon Growth model? TT T Arial 03 (12pt) T- - E- 225 Qis

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