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TCY has just paid a dividend of $4.50. The dividends are expected to grow at a constant rate of 6.0%. The required rate of return
TCY has just paid a dividend of $4.50. The dividends are expected to grow at a constant rate of 6.0%. The required rate of return on TCY stock is 9.7%. What is the value of TCY stock? O $128.92 $29.76 O $45.10 O $5.71
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