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You are analyzing shares of company DEF. It is currently paying a $3 dividend, and you expect that to grow at 2% annually. The stock

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You are analyzing shares of company DEF. It is currently paying a $3 dividend, and you expect that to grow at 2% annually. The stock is trading at $47 per share and your required rate of return is 14%. Based upon your valuation, you should consider stock DEF

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