What is the expected price of the stock

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Question: CM Corp. just paid a dividend of $3.35. Dividendds are expected to grow at 3% indefinately. The required return for CM stock is 13%. What is the expected price of the stock? Please show your work. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131956096

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