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show work, not excel #23 A firm just paid a dividend of $1.52. The dividend is expected to grow at a constant rate of 2.17%

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#23 A firm just paid a dividend of $1.52. The dividend is expected to grow at a constant rate of 2.17% forever and the required rate of return is 12.12%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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