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14 The Company has just paid a cash dividend of $1 per share. Investors require a 10 percent return from investments such as this. If
14 The Company has just paid a cash dividend of $1 per share. Investors require a 10 percent return from investments such as this. If the dividend is expected to grow at a steady 5 percent per year, what is the current value of the stock? O $21. O $25. O $27. O $32. 2 pts O $48
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