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Vcast, Inc., is expected to grow at a constant rate of 9 percent. The company will pay a dividend of $ 2 . 5 0

Vcast, Inc., is expected to grow at a constant rate of 9 percent. The company will pay a dividend of $2.50 next year and the current price of the stock is $30.35. If investors require a return of 18% on similar stocks, how much is the stock worth and is it a good buy?

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