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Using the stock valuation formula calculate the value of a share of stock if it is expected to pay $15 in dividends at the end

Using the stock valuation formula calculate the value of a share of stock if it is expected to pay $15 in dividends at the end of the year, in addition the dividends are expected to grow at a rate of 8 percent forever, and the investor's required rate of return is 10 percent.

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