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What is the value of one share of stock that is expected to pay a dividend of $3.75 next year and for the dividend to

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What is the value of one share of stock that is expected to pay a dividend of $3.75 next year and for the dividend to grow 2.25 percent per year indefinitely if the appropriate required return is 12.25 percent per year? O $65.28 O $52.59 O $19.90. O $37.50 O $38.34

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