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The Meddle Group paid a dividend of $5.00 last year. The company plans to keep the dividend of $5.00 constant forever. If investors require a

The Meddle Group paid a dividend of $5.00 last year. The company plans to keep the dividend of $5.00 constant forever. If investors require a return of 9.6 percent on the company's stock. What is the stock price?

$52.08

Can't answer, need the growth rate

$57.08

$67.08

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