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3.Stock Values. Diamond Corporation will pay a $3.75 per share dividend next year. The company pledges to increase its dividend by 5.5 percent per year,

3.Stock Values. Diamond Corporation will pay a $3.75 per share dividend next year. The company pledges to increase its dividend by 5.5 percent per year, indefinitely. If you require a 12 percent return on your investment, how much will you pay for the company

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