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A stock is expected to pay a dividend of $1 at the end of the year. The required rate of return is rs = 11%, and the expected constant growth rate is 5%. What is the current stock price?
a.$16.67
b.$18.83
c.$20.00
d.$21.67
e.$23.33
The commonly used to determine what a stock's price should have been, Technical analysis involves tracking the trend of make investment decisions
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