9. VOL stock has just paid a dividend (D) ) of $4.00 per share. Dividends...

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9. VOL stock has just paid a dividend (D) ) of $4.00 per share. Dividends are expected to grow at 5% per year. VOL's cost of equity capital is 11% and its WACC is 8%. Find the price. a. 66.67 b. 140.00 c. 133.33 d. 36.36 e. 70.00 correct

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