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Your required rate of return is 15%. Z Corp. is currently selling for $40 per share and the most recent dividend paid was $2.55 per

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Your required rate of return is 15%. Z Corp. is currently selling for $40 per share and the most recent dividend paid was $2.55 per share. The expected constant growth rate for the dividend is 8%. What is the maximum price you should pay for a share of this stock

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