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Soment 5 Hels 10 Problem 7-41 Growth Opportunities (LO2) Trend-Line Inc has been growing at a rate of 7% per year and is expected to

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Soment 5 Hels 10 Problem 7-41 Growth Opportunities (LO2) Trend-Line Inc has been growing at a rate of 7% per year and is expected to continue to do so indefinitely. The next dividend is expected to be $3 per share. a. If the market expects a 12% rate of return on Trend Line, at what price must it be selling (Do not round Intermediate calculations.) a -tlook Current seling price Print erences

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