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Zack is considering purchasing the stock of Pepsi Cola because he really loves the taste of pepsi. what should Zack willing to pay Pepsi today

Zack is considering purchasing the stock of Pepsi Cola because he really loves the taste of pepsi. what should Zack willing to pay Pepsi today if it is expected to pay a $2 dividend in one year(that is,D1=$2) and he expects dividends to growth at 5 percent indenfiniely? Zack requires a 12 percent return to make this investment.

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