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The next dividend is RM1.80, the growth rate is 6%, and the required rate of return is 12%. What is the stock price? a.$30.80 b.$15.00

The next dividend is RM1.80, the growth rate is 6%, and the required rate of return is 12%. What is the stock price?

a.$30.80

b.$15.00

c.$31.00

d.$30.00

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