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SDA Co. paid a dividend of $1.12 yesterday. Assuming the dividends will remain constant indefinitely and shareholders face a discount rate of 15%, what is

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SDA Co. paid a dividend of $1.12 yesterday. Assuming the dividends will remain constant indefinitely and shareholders face a discount rate of 15%, what is the price of SDA Co. today? $7.47 $8.23 $7.99 $8.50

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