Common stock value Constant growth Use the constant-growth model (Gordon growth model) to find the...
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Common stock value Constant growth Use the constant-growth model (Gordon growth model) to find the value of the firm shown in the following table: (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Dividend expected next year $1.21 Required return Dividend growth rate 8.5% 13.6% The value of the firm's stock is $ (Round to the nearest cent.)
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