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  3. a stock just paid a dividend of $1.50. the require

A stock just paid a dividend of $1.50. The required rate of return is 10.1%,...

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Accounting

A stock just paid a dividend of $1.50. The required rate of return is 10.1%, and the constant growth rate of the dividend is 4.0%. What is the current stock price?
$24.93
$23.11
$24.31
$25.57
$23.70
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