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A share of common stock has just paid a dividend of 52.00 (D 0 -...

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Finance

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A share of common stock has just paid a dividend of 52.00 (D 0 - 52.00). If the expected long run growth rate for this stock is 7%, and if investors require an 11% rate of return, what is the price of the stock? O a. $47.50 O b. $50.00 O c. $51.00 d. $53.50 O e. $55.00

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