Emmy Lou, Inc. has an expected dividend next year of $4.5 per share, a growth...
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Finance
Emmy Lou, Inc. has an expected dividend next year of $4.5 per share, a growth rate of dividends of 10 percent, and a required return of 18 percent. The value of a share of Emmy Lou, Inc.'s common stock is ________.
a. $56.25
b. $56.00
c. $32.40
d. $18.57
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