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15. How much are you willing to pay today for one share of stock if the company just paid a $1.40 annual dividend, the dividends

15. How much are you willing to pay today for one share of stock if the company just paid a $1.40 annual dividend, the dividends increase by 4% annually, and you require a 12% rate of return? (5 Points) $8.75 $9.10 $16.83 $17.50 $18.20

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