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Using the Gordon growth model, if D 1 is $ . 5 0 , ke is 7 % , and g is 5 % ,

Using the Gordon growth model, if D1 is $.50, ke is 7%, and g is 5%, then the present
value of the stock is
A) $2.50.
B) $25.
C) $50.
D) $46.73

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