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Suppose Nabisco Corporation just issued a dividend of $1.36 per share yesterday. Subsequent dividends will grow at a constant rate of 7.9% indefinitely. If the

Suppose Nabisco Corporation just issued a dividend of $1.36 per share yesterday. Subsequent dividends will grow at a constant rate of 7.9% indefinitely. If the required rate of return for this stock is 16.1%, what is the value of a share of common stock today?

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