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A firm just paid a dividend of $ 3 . 1 5 . The company dividends are predicted to rise by 4 . 5 0

A firm just paid a dividend of $3.15. The company dividends are predicted to rise by 4.50% per year forever, and the required rate of return on a similar business is 9%. What is the fair market share price of this firm?
a.
$70.00
b.
$76.83
c.
$73.15
d.
$80.59
e.
$76.70

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