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show work and formula 3) Suppose Studio Inc, just paid a dividend of $1.85 and dividends are expected to grow perpetually at a rate of

show work and formula
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3) Suppose Studio Inc, just paid a dividend of $1.85 and dividends are expected to grow perpetually at a rate of 4 percent. If the required rate of return on this stock is 15 percent, what is the value of the stock today? b) What will be the value of this stock in 5 years

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