Financial analysts forecast Safeco Corp.'s (SAF) growth rate for the future to be 8 percent....

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Financial analysts forecast Safeco Corp.'s (SAF) growth rate for the future to be 8 percent. Safeco's recent dividend was $1.25 What is the value of Safeco stock when the required return is 10 percent? (Round your answer to 2 decimal places.) Value of stock

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