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The Zily Company's common stock is expected to pay a cash dividend of $ 3 . 0 0 in the coming year. If investors require

The Zily Company's common stock is expected to pay a cash dividend of $3.00 in the coming year. If investors require a 11% return and the historical growth rate of the common stock dividend has been 6%, what is the expected market value of the Lily Company's common stock?

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