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share of common stock just paid a dividend of $ 1 . 0 o . If the expected long - run growth rate for this

share of common stock just paid a dividend of $1.0o. If the expected long-run growth rate for this stock is 5-4%, and if investors' required rate of return is 4.2%, then what is the stock price?
a. $14.61
b. $11.98
c. $10.66
d. $12.70
e. $12.10
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