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share for 1,3 points): Chris & Donovan Corporation just distributed a dividend of $4.20 per share for this year (Do) and announced their intention to

share for 1,3 points): Chris & Donovan Corporation just distributed a dividend of $4.20 per share for this year (Do) and announced their intention to increase the dividend by 6% annually would be the stock price per share today when applying the dividend discount model which starting from next year and continuing indefinitely. If your required rate of return (r) is 9%, v learned in your BADM 310 course? (Note: Please provide a detailed description of the prot solving process. If you are using a formula to calculate the stock price, please outline the st involved in utilizing the formula. If you are using a calculator to compute the stock price, F include the information you input into the calculator.)

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