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What is the current price of a share of stock when last year's dividend was P3.00, the growth rate is 6 percent, and the investor's

What is the current price of a share of stock when last year's dividend was P3.00, the growth rate is 6 percent, and the investor's required rate of return is 12 percent? P25.00 P53.00 P26.50 O P50.00 image text in transcribed

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