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You are considering buying a stock that will pay a dividend of 52.3 next year. The dividend is expected to grow at 5.6% per year

You are considering buying a stock that will pay a dividend of 52.3 next year. The dividend is expected to grow at 5.6% per year forever. The interest rate is 10.6%. What is the price of this stock today in $ dollars)? Question 25 of 40 nonse

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