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Business, 27.02.2020 22:49 emopandabogard8712

Stoneheart Group is expected to pay a dividend of $2.95 next year. The company's dividend growth rate is expected to be 4.4 percent indefinitely and investors require a return of 10.6 percent on the company's stock. What is the stock price?

a. $34.73
b. $26.75
c. $37.76
d. $32.90
e. $36.56

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