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A firm just paid a dividend of $1.65 per share and plans to increase the dividend 1.2% every year in the future. You are willing

A firmjust paida dividend of $1.65 per share and plans to increase the dividend 1.2% every year in the future. You are willing to pay ______ for this stock if the required rate of return is 9.68%.

A.$ 22.94

B.$ 18.30

C.$ 19.69

D.$ 19.46

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