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A certain common stock is paying a dividend this year of $4 per share, and these dividends are expected to grow by 6% each year.
A certain common stock is paying a dividend this year of $4 per share, and these dividends are expected to grow by 6% each year. An investor's expected rate of return is 8% p.a., and so that investor will be willing to pay _______ for each share of this stock. a. $212.00 b. $200.00 c. $163.00 d. $112.00 e. none of the above.
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