Question: Question 13 (4 points) SPAO Apparel has a current stock price of $43.50. The company paid $1.80 in dividends this year, and dividends are expected

Question 13 (4 points) SPAO Apparel has a current stock price of $43.50. The company paid $1.80 in dividends this year, and dividends are expected to grow at 4% per year. If you have a required return of 9%, what is SPAO worth to you? Would you buy SPAOs stock? (Tip: use the discounted dividend valuation model) $20.8, No $37.44, No $46.8, Yes $43.50, Maybe yes or no

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