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Wildhorse, Inc, is a consumer products firm that is growing at a constant rate of 7.5 percent. The firmis tast dividend, which was just pald,

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Wildhorse, Inc, is a consumer products firm that is growing at a constant rate of 7.5 percent. The firmis tast dividend, which was just pald, was \$3.36. If the required rate of retum is 18.0 percent, what is the marhet value of this stock if dividends grow at the same rate as the firm? (Do not round intermediate calculotions. Round antwer to 2 decimal ploces, es 15:20) Market value 5

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