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what is the price of a stock that will pay $3 dividend today and in perpetuity? (discount rate 14%) (Please show me the excel calculation

what is the price of a stock that will pay $3 dividend today and in perpetuity? (discount rate 14%)

(Please show me the excel calculation if it is possible)

1. 18.75 2. 21.75 3. 25 4. 27 5. None of the above

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