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Question Help GHL, Inc., has a dividend payout ratio of 45%. Its cost of equity is 11.1% and its dividend growth rate is 48. If

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Question Help GHL, Inc., has a dividend payout ratio of 45%. Its cost of equity is 11.1% and its dividend growth rate is 48. If its forward EPS is $6.04. What is your estimate of its stock price? The price per share is $(Round to the nearest cent.)

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