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44. A firm expects to pay dividends at the end of each of the next four years of $2.50, $3.50, $4.50, and $5.50. If growth

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44. A firm expects to pay dividends at the end of each of the next four years of $2.50, $3.50, $4.50, and $5.50. If growth is then expected to level off at 6 percent, and if you require a 14 percent rate of return, how much should you be willing to pay for this stock? Select one: a. $67.81 b. $69.72 c. $22.49 d. $83.78 e. $58.15

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