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Suppose a firm is about to pay a $ 2 dividend ( today ) , and dividends are expected to grow at 5 % per

Suppose a firm is about to pay a $2 dividend(today), and dividends are expected to grow at 5% per year. What is the firm's price if it is required return on equity is 12%? Choose one a)$32 b)$28.57 c) $30.57 d) $26.52

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