Question: Question 2 1 pts Newfield Exploration Co has a common stock that just paid a dividend of $15 per share. If the required return is

Question 2 1 pts Newfield Exploration Co has a common stock

Question 2 1 pts Newfield Exploration Co has a common stock that just paid a dividend of $15 per share. If the required return is 0.21 and the growth rate of firm is 0.03, find the common stock price today. (Round to the nearest dollar.) $85.8 $10.0 $60.6 None of the answers is correct. $26.1

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