9.Gilmore Inc. just paid a dividend of $2.35 per share on its stock. The dividends...

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Finance

9.Gilmore Inc. just paid a dividend of $2.35 per share on its stock. The dividends are expected to grow at a constant rate of 4.0% per year, indefinitely. If investors require a return a 10.0% on this stock, what is the current price?

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