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4. Hansen Delivery just paid an annual dividend of $2.50 per share. The company has been reducing the dividends by 6 percent annually and expects

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4. Hansen Delivery just paid an annual dividend of $2.50 per share. The company has been reducing the dividends by 6 percent annually and expects to continue doing so. What is the current market value for this company's stock if your required rate of return is 13 percent

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