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Your answer is incorrect. Sunland Corp. paid a dividend of $2.90 yesterday. The company's dividend is expected to grow at a steady rate of 5

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Your answer is incorrect. Sunland Corp. paid a dividend of $2.90 yesterday. The company's dividend is expected to grow at a steady rate of 5 percent for the foreseeable future. If investors in stocks of companies like Sunland require a rate of return of 19 percent, what should be the market price of Sunland stock? (Round dividend to 3 decimal places, e.g. 3.756 and round final answer to 2 decimal places, eg. 15.25.) Market price $ 1 e Textbook and Media Save for Later Attempts: 1 of 3 used Submit Answer earch o 3

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