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What would you expect to pay for a stock with a 12% required rate of return and 5% rate of dividend growth if the next

What would you expect to pay for a stock with a 12% required rate of return and 5% rate of dividend growth if the next yearly dividend is $15 and is just about to be paid? O 16.5/(.12-05) O 15+ 15/(.12 - .05) O 15 + 16.5/(.12 - 05) 15/(.12 - .05)

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