Question: 9. Using the Gordon growth model, if the required rate of return is 10%, the expected dividend payable in one year is $8 and the

9. Using the Gordon growth model, if the required rate of return is 10%, the expected dividend payable in one year is $8 and the expected growth rate is 4%, what is the price of the stock (to the nearest $)? a $133 b. $80 c. $200 d. $122

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