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1. Yatz, Inc has paid $0.45 in dividends every quarter for the last 10 years and plans to continue this dividend policy forever. If the

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1. Yatz, Inc has paid $0.45 in dividends every quarter for the last 10 years and plans to continue this dividend policy forever. If the required return is 11%, what is the current price of Yatz stock? A. $2.08 B. $4.09 C. $8.33 D. $15.00 E. none of the above

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