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Question 8 (1 point) Rey Inc. just paid a dividend of $5. Dividends are expected to grow at 2% for the next two years after

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Question 8 (1 point) Rey Inc. just paid a dividend of $5. Dividends are expected to grow at 2% for the next two years after which they will grow at 1% indefinitely. The required rate of return for similar stocks is 9%. What is the current value of Rey Inc. stock

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