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A common share is just paid a dividend of $ 7 . 0 0 . Investors require a 1 4 . 0 0 % return

A common share is just paid a dividend of $7.00. Investors require a 14.00% return and expect the stock to grow at a constant 7.50%. How much should investors be willing to pay?
Select one:
a. $115.77
b. $124.45
c. $100.33
d. $107.86
e. $131.98
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