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TopCare, Inc.'s stock is selling for $49.20. Other stock that are similar are returning 16%. The most recent dividend was $4.60 and a 6% constant

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TopCare, Inc.'s stock is selling for $49.20. Other stock that are similar are returning 16%. The most recent dividend was $4.60 and a 6% constant growth rate is anticipated. Should you purchase this stock at the current price? Calculate the price you would be willing to pay and explain your answer. SHOW your WORK

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