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Question: Bill Inc. common stock is expected to pay a $2.32 dividend at the end of the year and is in a risk class that requires an 8.5% required return. If this dividend is expected to grow forever at a 4.2% rate, what is the estimated value of Bill Inc.'s common stock? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Category:- Basic Finance
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