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21. A stock just paid a $2.00 dividend this morning. You believe that dividends will grow constantly this stock, what is a fair price starting
21. A stock just paid a $2.00 dividend this morning. You believe that dividends will grow constantly this stock, what is a fair price starting today at a rate of 5% per year. If you require a 15% to own to pay for the stock? a. $20,00 b. $21.00 c. $22.00 d. $23.00
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