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13. A stock paying $4.40 in annual dividends sells now for $78.80 and has an expected return of 15%. What might investors expect to pay

13. A stock paying $4.40 in annual dividends sells now for $78.80 and has an expected return of 15%. What might investors expect to pay for the stock 1 year from now?

A. $90.62 B. $82.22 C. $86.22 D. $87.22

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