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A stock just paid an annual dividend of $ 6 . 0 0 , which is expected to grow at 3 % for the foreseeable

A stock just paid an annual dividend of $6.00, which is expected to grow at 3% for the foreseeable future. A different investor requires an 10.5% rate of return. How much would this investor be willing to pay for this stock?
Group of answer choices
$60.10
$74.80
$92.30
$103.20
$82.40
$29.60
$82.20
$91.70

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