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A share of common stock just paid a dividend of $2.20 . If the expected long-run growth rate for
this stock is 5.4% , and if investo-s' required rate of return is 14.2% , then what is the stock
price?

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  • 1. A share of common stock just paid a dividend of $2.20 . If the expected long-run growth rate for this stock is 5.4% , and if investo-s' required rate of return is 14.2% , then what is the stock price?