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#19 Avril Synchronistics will pay a dividend of $1.50 per share this year. It is expected that this dividend will grow by 4% each year

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Avril Synchronistics will pay a dividend of $1.50 per share this year. It is expected that this dividend will grow by 4% each year in the future. What will be the current value of a single share of Avril's stock if the firm's equity cost of capital is 12%? O A. $14.06 O B. $20.63 C. $13.13 OD. $18.75

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