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The Epsilon Corporation recently paid a $4 dividend and is expected to grow at 3% for the foreseeable future. Investors are expecting a 7% return.
The Epsilon Corporation recently paid a $4 dividend and is expected to grow at 3% for the foreseeable future. Investors are expecting a 7% return. What is the value of Epsilon stock to the investor? Would you buy this stock for $45 a share?
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