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Step by step including formula and excel function: Analysts project Citigroup Inc. will pay annual dividends of $4.75 next year with future dividends increasing by

Step by step including formula and excel function: Analysts project Citigroup Inc. will pay annual dividends of $4.75 next year with future dividends increasing by 7% annually. If the market rate of return on this stock is 15%, what should the stock be currently selling for?

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