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Stock ABC will pay dividends of 120 yen forever. The discount rate is 11.3%. The growth rate for the dividends is 1%. Obtain the price

Stock ABC will pay dividends of 120 yen forever. The discount rate is 11.3%. The growth rate for the dividends is 1%. Obtain the price of stock (today) using the Gordon growth model. A. 1062 yen B. 1165 yen C. 1,200 yen D. 12,000 yen

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