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A stock paying $5 in annual dividends currently sells for $70 and has an expected return of 14%. What might investors expect to pay for

A stock paying $5 in annual dividends currently sells for $70 and has an expected return of 14%. What might investors expect to pay for the stock one year from now after the next dividend has been paid?

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$91.20

$87.20

$74.80

$86.20

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