Question: n q 27. Consider a rm with a 9.5 percent growth rate of divi- dends expected in the future. The current year's dividend was $1.32.

n q 27. Consider a rm with a 9.5 percent growth

n q 27. Consider a rm with a 9.5 percent growth rate of divi- dends expected in the future. The current year's dividend was $1.32. What is the fair present value of the stock if the required rate of return is 13 percent? (LG 33)

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