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Suppose r is 8%, E(D 1 ) is $1, and E(D 2 ) is $2, and dividends are expected to grow at 3% after that.

Suppose r is 8%, E(D1) is $1, and E(D2) is $2, and dividends are expected to grow at 3% after that. How much is the stock worth today?

Question 17 options:

37.04

36.08

34.57

35.15

37.96

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