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WILL UPVOTE!! Q12 Question 12 A stock is expected to pay a dividend of $1.75 at the end of the year. The required rate of

WILL UPVOTE!! Q12

Question 12

A stock is expected to pay a dividend of $1.75 at the end of the year. The required rate of return is rs = 8.0%, and the expected constant growth rate is g = 2.0%. What is the stock's current price?

		$29.75
		$87.50
		$29.17

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