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xyz is a water retailer. the market price of common stock is $40, its cash dividend (D0) was $3.52, and the growth rate is expected

xyz is a water retailer. the market price of common stock is $40, its cash dividend (D0) was $3.52, and the growth rate is expected to be 5.5%. Preferred stock has a $30 par value with a 4 percent div...

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