[Solved] Suppose Moore Oil Inc. will pay a $3 divi

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Suppose Moore Oil Inc. will pay a $3 dividend right now, the dividend is expected to grow at 6% per year, and the required return

Suppose Moore Oil Inc. will pay a $3 dividend right now, the dividend is expected to grow at 6% per year, and the required return is 12%. What is the Moore Oil Inc. stock price according to the dividend discount model

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