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stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rx=10.5%, and the expected

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stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rx=10.5%, and the expected constant growth tate is g=9.5%. What is the stock's current price? Select the correct answer. a. $76.92 b. 57500 C $7884 d.57798 es75.96

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