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Restaurants Corp. expects to distribute $2.00 common stock dividend per share next year. Annual estimated constant growth rate is 5.00% forever. What is the value

Restaurants Corp. expects to distribute $2.00 common stock dividend per share next year. Annual estimated constant growth rate is 5.00% forever. What is the value of a share of Restaurants Corp. common stock if an investor requires an 18.00% rate of return today?

$13.19

$16.90

$15.38

$14.70

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