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Valley Orchards just paid a dividend of $2.2 per skare on its stock. The dividends are expected to grow at a constant rate of 3.6
Valley Orchards just paid a dividend of $2.2 per skare on its stock. The dividends are expected to grow at a constant rate of 3.6 percent per year indefinitely. If investors require an 11.4 percent return on this stock, the current price is $ Round it to two decimal places, and do not include the $ sign, e.g., 23.56. Your
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