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34. Which one of the following statements is correct? A) Stocks can only be assigned one dividend growth rate. B) Preferred stocks generally have variable

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34. Which one of the following statements is correct? A) Stocks can only be assigned one dividend growth rate. B) Preferred stocks generally have variable dividend growth rates. C) Dividend growth rates must be either zero or positive. D) All stocks can be valued using the dividend discount models. E) Stocks can have negative growth rates. A B OE Question 35 1 pts 35. Future Motors is expected to pay an annual dividend next year of $3.10 a share. Dividends are expected to increase by 1.85 percent annually. What is one share of this stock worth at a required rate of return of 15 percent? A) $24.01 B) $26.30 C) $24.56 D) $23.57 E) $24.59

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