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What is the value of a common stock that is expected to pay a $ 4 dividend next year and will grow at 5 %

What is the value of a common stock that is expected to pay a $4 dividend next year and will grow at 5% every year thereafter if your required return is 14%? Use the Gordon growth model to compute the answer.
A) $44.44
B) $54.34
C) $28.75
D) $63.87

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