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The Stock Market If a company pays a dividend of $20 to be received one year from now, dividends are expected to grow at a
The Stock Market If a company pays a dividend of $20 to be received one year from now, dividends are expected to grow at a rate of 4% per year for the indefinite future, and the interest rate is 12%, the price of the company's stock should be ________ per share. Select one: A. $250.00 B. $6.67 C. $320.00 D. $160.00
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