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round to 5 decimals Suppose Nabisco Corporation just issued a dividend of $2.14 per share yesterday. Subsequent dividends will grow at a constant rate of

round to 5 decimals
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Suppose Nabisco Corporation just issued a dividend of $2.14 per share yesterday. Subsequent dividends will grow at a constant rate of 6.5% indefinitely. If the required rate of return for this stock is 10.8%, what is the value of a share of common stock today

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