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A firm just paid their annual dividend of $2.0 a share. They recently announced that all future dividends will be increased by 6% annually. What
A firm just paid their annual dividend of $2.0 a share. They recently announced that all future dividends will be increased by 6% annually. What os one share of this stock worth to you if you require a 15% rate of return?
(A) $18.2
(B) $23.6
(C) $22.2
(D) $21.0
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