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Suppose Nabisco Corporation just issued a dividend of $2.37 per share yesterday. Subsequent dividends will grow at a constant rate of 05.80% indefinitely. If the

Suppose Nabisco Corporation just issued a dividend of $2.37 per share yesterday. Subsequent dividends will grow at a constant rate of 05.80% indefinitely. If the required rate of return for this stock is 08.50% ,

what is the value of a share of common stock today?

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