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You wish to earn a return of 10% on stock A. The stock is expected to pay a dividend of $4.24 in year 2. The
You wish to earn a return of 10% on stock A. The stock is expected to pay a dividend of $4.24 in year 2. The expected growth rate of this stock is 6%. Using the dividend growth model, the value of stock X is $ Your answer must be in three digits without decimals. That is, your answer must be in this format: xxx A/
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