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Question 9 9. Given that a stock (constant dividend growth rate) with Do-$3.50, cost of capital of 15% and rate of powth g=8% (forever), currently

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Question 9 9. Given that a stock (constant dividend growth rate) with Do-$3.50, cost of capital of 15% and rate of powth g=8% (forever), currently trades in the market at a price of Po. What is the price of the stock. Pa Syears from (a) $68.25 (b) $79.34 (c) $45.68 (d) $87.43 (e) $98.32 a

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