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Student Center Ch 8 Problems (50 pts) Ch 8 Problems (50 pts) Saved Help Save & Exit Submit Check my work Financial analysts forecast Safeco

Student Center Ch 8 Problems (50 pts) Ch 8 Problems (50 pts) Saved Help Save & Exit Submit Check my work Financial analysts forecast Safeco Corp.'s (SAF) growth rate for the future to be 8 percent. Safeco's recent dividend was $0.88. What is the value of Safeco stock when the required return is 12 percent? (Round your answer to 2 decimal places.) points Value of stock Book Hint Print References

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