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Unit 4 Homework Problem Set (12 Questions) Saved 10 Financial analysts forecast Safeco Corp's (SAF) growth rate for the future to be 8 percent. Safeco's

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Unit 4 Homework Problem Set (12 Questions) Saved 10 Financial analysts forecast Safeco Corp's (SAF) growth rate for the future to be 8 percent. Safeco's recent dividend was $1.20. What is the value of Safeco stock when the required return is 10 percent? (Round your answer to 2 decimal places.) 10 points Value of stock $ 62.74

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