What is the current value of the company stock

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Question 1: A Company has been growing at a rate of 5% for the past two years and is expected to continue for several years. The company paid a Dividend of $2.00 last year. If your required rate of return is 13%, what is the current value of this company's stock?

Option A. $26.25

Option B. $15.38

Option C. $40.00

Option D. $29.50

Reference no: EM132592548

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