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a. 6. A stock just paid a dividend of $1. The required rate of return is r = 11%, and the constant growth rate is
a. 6. A stock just paid a dividend of $1. The required rate of return is r = 11%, and the constant growth rate is 5%. What should be the current stock price? $15.00 b. $17.50 $20.00 d. $22.50 e. $25.00 c
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