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96. A stack is expected to pay a $1.0 dividend per share. The grnwth rate is expected tn he 4%. If investers demand 112% on

96. A stack is expected to pay a $1.0 dividend per share. The grnwth rate is expected tn he 4%. If investers demand 112% on this stnck, what is the expected price of the stack 1i] years frnm new? A. $24.63 B. $22.1? C. $25.00 D. $35.93

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