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Whats the common stock price if the company expects to pay $1 in dividends next year, and these dividends are expected to grow at 7%
Whats the common stock price if the company expects to pay $1 in dividends next year, and these dividends are expected to grow at 7% annually? The required rate of return is 13%.
A.17.10
B.17.83
C.16.67
D.16.90
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