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The XYZ corporation is about to pay a dividend of $0.58 per share. (i.e. paid tomorrow or later today.) Dividends are expected to grow after

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The XYZ corporation is about to pay a dividend of $0.58 per share. (i.e. paid tomorrow or later today.) Dividends are expected to grow after that at a constant rate 5% Part 1 Attempt 1/2 for 10 pts. What is the current price of the stock if investors demand a return of 13%. 1+ decimals

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