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A company has been paying the same amount of dividend each year for the past several years and is expected to continue with that level

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A company has been paying the same amount of dividend each year for the past several years and is expected to continue with that level of dividend navment indefinitely The ctork ic celling todsy for $90.44 per share. If the appropriate annual discount rate for this stock is 9.76 percent, how much is the annual dividend amount? $4.85 son40 $10,79 leasen $8.83

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