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Williams Inc. is expected to pay a $9 dividend next year and that dividend is expected to grow at 3.4% every year thereafter. If the

Williams Inc. is expected to pay a $9 dividend next year and that dividend is expected to grow at 3.4% every year thereafter. If the discount rate is 11.6%, what would be the present value of the expected dividend stream (aka the expected price of the firm's stock)?Answer to 2 decimal places

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