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A stock just paid an annual dividend of $ 6 . 0 0 , which is expected to remain constant for the foreseeable future. If

A stock just paid an annual dividend of $6.00, which is expected to remain constant for the foreseeable future. If an investor requires a 10.5% rate of return, what would they be willing to pay for this stock?
Group of answer choices
$50.25
$47.62
$35.28
$106.87
$132.26
$76.88
$57.14

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