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Wildhorse, Inc., is a consumer products firm that is growing at a constant rate of 6.5 percent. The firm's last dividend, which was just paid,
Wildhorse, Inc., is a consumer products firm that is growing at a constant rate of 6.5 percent. The firm's last dividend, which was just paid, was $3.36. If the required rate of return is 18.5 percent, what is the market value of this stock if dividends grow at the same rate as the firm?
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