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You are investing in a share of stock. The share will pay a dividend of $ 9 . 4 4 at the end of the
You are investing in a share of stock. The share will pay a dividend of $ at the end of the first year. The dividend is expected to grow forever at a rate of per year. You require a rate of return on the stock investment. What is a fair price or value for this share of stock?
To nearest $
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