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36) Walpurg, Inc. paid $1.30 as an annual dividend per share last year. The company is expected to increase their annual dividend by 6% each

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36) Walpurg, Inc. paid $1.30 as an annual dividend per share last year. The company is expected to increase their annual dividend by 6% each year. How muchshould you pay topurchaseone share of this stock if you require a 9% rate of return on this investment? A) $45.93 B) $11.44. C) $23.39. D) $43 33

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