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3. Lethbridge Manufacturer's annual dividend per share was $3.20 last year. No change is expected in the future and you require a return of 18%

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3. Lethbridge Manufacturer's annual dividend per share was $3.20 last year. No change is expected in the future and you require a return of 18% to invest in an asset of this type of risk. What is the theoretical value of this firm's share? Select one: O a. $230.18 O b. $177.80 O c. $22.18 O d. $17.78

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