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#15 A firm just paid a dividend of $1.66. The dividend is expected to grow at a constant rate of 4.44% forever and the required

#15 A firm just paid a dividend of $1.66. The dividend is expected to grow at a constant rate of 4.44% forever and the required rate of return is 12.28%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places

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