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SameOld, Inc. has been expanding a relatively constant annual rate and it recently paid a dividend noted below. However, investors expect SameOld to continue paying

SameOld, Inc. has been expanding a relatively constant annual rate and it recently paid a dividend noted below. However, investors expect SameOld to continue paying dividends, which are expected to grow at the historical rate given below. If the required return on the stock is rs, what is the value of the stock today (P0)?

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INPUT DATAT DE $2.31 1g 5.00% 11s 14%

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