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2- Jackson Inc. will pay a 3.40 per share dividend next year. The company pledges to increase its dividends by 4.5% per year indefinitely. If

2- Jackson Inc. will pay a 3.40 per share dividend next year. The company pledges to increase its dividends by 4.5% per year indefinitely. If you require an 11% return on investment, how much will you pay for the companys stock today

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