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Bug Buster just paid its annual dividend of $1.25 a share. The firm recently announced that all future dividends will be increased by 3 percent

Bug Buster just paid its annual dividend of $1.25 a share. The firm recently announced that all future dividends will be increased by 3 percent annually.

What is one share of this stock worth to you if you require an 11 percent rate of return?

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