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1. You are currently thinking about investing in a stock valued at $30.00 per share....

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Accounting

1. You are currently thinking about investing in a stock valued at $30.00 per share. The stock recently paid a dividend of $2.50 and its dividend is expected to grow at a rate of 4% for the foreseeable future. You normally require a return of 12% on stocks of similar risk. Is the stock: A. Overpriced B. Underpriced C. Correctly priced D. Technically priced.

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