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XYZ Inc. has just paid a dividend of $0.65 per share. The dividends are expected to grow at an annual rate of 5 percent indefinitely.

XYZ Inc. has just paid a dividend of $0.65 per share. The dividends are expected to grow at an annual rate of 5 percent indefinitely. Whats today stock price if the required return is 12.5 percent? $9.10 $7.33 $7.70 $4.62

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