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5) If XYZ company's stock just paid a $2.00 annual dividend. They expect this dividend to grow at 4.0% per year, and you require a

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5) If XYZ company's stock just paid a $2.00 annual dividend. They expect this dividend to grow at 4.0% per year, and you require a 7.0% rate of return. What should you be willing to pay for a share of this stock

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