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Springfield Nuclear just paid a dividend of $3 that is expected to remain constant for the next five years, then grow at a constant rate
Springfield Nuclear just paid a dividend of $3 that is expected to remain constant for the next five years, then grow at a constant rate of 5%. If the required return on the stock is 8%, what should be the current stock price of the stock? A. $98.26 B. $95.26 C. $83.44 D. $105.00
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