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24. Suppose MOTA Inc. has just issued a dividend of $3.25 per share. Subsequent dividends will remain at $3.25 indefinitely. Assuming a 10% required rate,

24. Suppose MOTA Inc. has just issued a dividend of $3.25 per share. Subsequent dividends will remain at $3.25 indefinitely. Assuming a 10% required rate, what is the value of one share? A) $22.50 B) $27.25 C) $32.50 D) $37.25 E) $39.75

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