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Question: The Hack Room just paid an annual dividend of $ 1.65 a share. The firm expects to pay dividends forever and to increase the dividend by 3 percent annually. What is the expected value of this stock now if the discount rate is 14 percent? 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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