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32) The common stock of Water Town Mills pays a constant annual dividend of $2.25 a share. What is one share of this stock worth
32) The common stock of Water Town Mills pays a constant annual dividend of $2.25 a share. What is one share of this stock worth at a discount rate of 16.2 percent? A) S13.89 B) $14.01 C) $14.56 D) S13.79 E) $13.28
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