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Use the constant-growth model (Gordon growth model) to find the value of the firm shown...

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Finance

Use the constant-growth model (Gordon growth model) to find the value of the firm shown in the following table:(Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Dividend expected next year $1.20 Dividend growth rate 8.0% Required return 13.0%

The value of the firm's stock is?

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