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The appropriate discount rate for Comerica's stock is 6.60%. If Andrew expects the dividend to be $4.00 next year and these dividends to grow at

The appropriate discount rate for Comerica's stock is 6.60%. If Andrew expects the dividend to be $4.00 next year and these dividends to grow at 1.75% for the foreseeable future, how much will he pay for a share of stock

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