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A company pays a constant annual dividend of $3.35 per share. How much would you pay for 1 share of stock if you require a

A company pays a constant annual dividend of $3.35 per share. How much would you pay for 1 share of stock if you require a return of 9 percent? Answer to the nearest cent and do not include the $ sign. For example, if the price is $100.25, you should enter 100.25 as the answer.

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