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1. Seerex Wok Co. is expected to pay a dividend of $1.60 one year from today on its common shares. That dividend is expected to

1. Seerex Wok Co. is expected to pay a dividend of $1.60 one year from today on its common shares. That dividend is expected to increase by 5.20 percent every year thereafter. If the price of Seerex is $12.09, what is Seerex

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