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Thomas brother is expected to pay a $0.35 per share dividend at the end of the year (D1 = $0.35). the dividend is expected to
Thomas brother is expected to pay a $0.35 per share dividend at the end of the year (D1 = $0.35). the dividend is expected to grow at a constant rate of 6% a year. the required rate of return is 13%. what is the stock's current price ?
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