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The Meddle Group paid a dividend of $6.00 last year. The company plans to keep the divdend of $6.00 constant forever. If investors require a
The Meddle Group paid a dividend of $6.00 last year. The company plans to keep the divdend of $6.00 constant forever. If investors require a return of 8.2 percent on the company's stock. What is the stock price?
a. 89.17
b. 73.17
c. 79.17
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