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Afirm expects to pay dividends at the end of each of the next four years...

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Afirm expects to pay dividends at the end of each of the next four years of $3.00, $2.00, $1.00, and $5.00. Growth rate is then expected to be at 5 % constantly. If you require a 12 percent rate of return, what is the value of this firm's stock? 0 52.48 O 51.66 O 60.13 0 64.44 0 55.83

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