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Stoneheart Group is expected to pay a dividend of $3.03 next year. The company's dividend growth rate is expected to be 4.6 percent indefinitely and

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Stoneheart Group is expected to pay a dividend of $3.03 next year. The company's dividend growth rate is expected to be 4.6 percent indefinitely and investors require a return of 11 percent on the company's stock. What is the stock price? Multiple Choice $42.61 $47.34 $44.98 $49.52 Multiple Choice $42.61 $47.34 $44.98 $49.52 $27.55

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