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Stoneheart Group is expected to pay a dividend of $2.97 next year. The company's dividend growth rate is expected to be 4.5 percent indefinitely and

Stoneheart Group is expected to pay a dividend of $2.97 next year. The company's dividend growth rate is expected to be 4.5 percent indefinitely and investors require a return of 10.7 percent on the company's stock. What is the stock price? Multiple Choice $50.06 $43.11 $27.76 $47.90 $45.51

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