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Suppose consider a stock that just paid a dividend of $5.00 per share with dividends growing at a constant 4% per year. If your required

Suppose consider a stock that just paid a dividend of $5.00 per share with dividends growing at a constant 4% per year. If your required return is 13%, what is the stock worth to you? (must show the detailed calculation process. If need, don't use excel, show draft Otherwise, marks will be deducted)

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