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Roller Burger Drive-in is expected to pay a $1.20 dividend next year. The dividends are expected to grow at a rate of 5%. If the

Roller Burger Drive-in is expected to pay a $1.20 dividend next year. The dividends are expected to grow at a rate of 5%. If the required return is 8%, what is the price of the stock? Show equation and math for full points.

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