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redverb inc. paid a dividend of $2.00 in the current year. The company expects to increase the dividend at a constant rate of 2% per

redverb inc. paid a dividend of $2.00 in the current year. The company expects to increase the dividend at a constant rate of 2% per year, indefinitely. current price for the stock is $34. What will the price of Radverb's stock be if the required return falls by half (by 50%)? Show your work.

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