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A company just paid a dividend of $6.00. If dividends will grow at 8% per year from now on and you require a return of
- A company just paid a dividend of $6.00. If dividends will grow at 8% per year from now on and you require a return of 10.5%, how much will you be willing to pay for the stock?
A) 57.14
B) 75.00
C) 240.00
D) 259.20
E) None of the above
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