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A stock just paid a dividend of d0 150 the required rate

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Reference no: EM13584267

A stock just paid a dividend of D0 = $1.50. The required rate of return is rs = 10.1%, and the constant growth rate is g = 4.0%. What is the current stock price?

A. $23.11

B. $23.70

C. $24.31

D. $24.93

E. $25.57

Reference no: EM13584267

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