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please answer with explenation 8. A common stock just paid a...

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Finance

please answer with explenation
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8. A common stock just paid a dividend of $5 per share. Unfortunately, the rate of growth of these dividends is expected to fall at the rate of 10 percent per year forever. If the required rate of return on this stock is 14 percent, what is the price of this stock today? 9. Refer to Problem #10 above. What would you predict the price of this stock to be in 22 years

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