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2 () 18 How much are you willing to pay for one share of a stock if the company just paid a $0.60 annual dividend,

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2 () 18 How much are you willing to pay for one share of a stock if the company just paid a $0.60 annual dividend, the dividends increase by 2% annually, and you require a ?5% rate of return $21.40 $20.40 O $22.40 O $23.40 O

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