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8.39 Gentleman Gym will pay its annual dividend of 54 per share, and it is widely expected that the dividend will increase by 2 percent

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8.39 Gentleman Gym will pay its annual dividend of 54 per share, and it is widely expected that the dividend will increase by 2 percent per year indefinitely. What price should the stock sell at the discount rate is 15 percent. $22.86 $28.00 $30.77 Ws $43.75

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