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Sherief Corporations previous dividend was 12.00. Earnings and dividends are expected to grow at a rate of 10 percent. The required rate of return on

Sherief Corporations previous dividend was 12.00. Earnings and dividends are expected to grow at a rate of 10 percent. The required rate of return on Sheriefs stock is 15 percent. What should be the market price of Sheriefs stock now?

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