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The Isberg Company and a dividend of $1.60 per share, and that dividend is expected to gronat a constant rate of 5.50% per year in

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The Isberg Company and a dividend of $1.60 per share, and that dividend is expected to gronat a constant rate of 5.50% per year in the future. The company's birtais 1.05, the market is premium 5.00%, and the riskfre rate is 4,00% What is the company's current stock price. Pa? Do not found intermediate calculations a. 548.23 b. $30.69 c. $45.71 d. $45.01 e. $42.67

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