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The required return is 17 percent. Using the Gordon model, a.k.a. CDGM, calculate the per share value of the stock for 2020 (assume the 2020

The required return is 17 percent. Using the Gordon model, a.k.a. CDGM, calculate the per share value of the stock for 2020 (assume the 2020 dividend comes at the end of the year and you want the value of the stock at the beginning of the year). $__________

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