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A stock paying $5 in annual dividends currently sells for $80 and has an expected return of 14%. What might investors expect to pay for
A stock paying $5 in annual dividends currently sells for $80 and has an expected return of 14%. What might investors expect to pay for the stock one year from now?
A)$82.20
B)$86.20
C)$87.20
D)$91.20
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