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The Batman Co. just paid a dividend of $1.55 per share on its stock. The dividends are expected to grow at a constant rate of

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The Batman Co. just paid a dividend of $1.55 per share on its stock. The dividends are expected to grow at a constant rate of 6 percent per year indefinitely. Investors require a return of 14 percent on the company's stock. What is the current stock price? A) 520.54 B) $13.72 C) 58.97 D) $12.74 E) 517.84

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