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Suppose a zero-growth stock is expected tp pay a $1.0 dividend every quarter and the required return is 5% with quarterly compounding. What is the
Suppose a zero-growth stock is expected tp pay a $1.0 dividend every quarter and the required return is 5% with quarterly compounding. What is the price?
(A)$20
(B)$40
(C)$80
(D)$100
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