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To value the stock of XYZ Inc., we have the following estimates for the dividend payout of this company. XYZ will pay $10 one year

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To value the stock of XYZ Inc., we have the following estimates for the dividend payout of this company. XYZ will pay $10 one year from today, $9 two years from today, $8 three years from today, and $7 four years from today. After that, the dividend grows at 1.5% forever. What is the price of XYZ 's stock today using a required rate of return as 7.5% ? 117.44102.63108.1297.4498.37

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