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ABC Corporation pays $ 7 dividend per year, and the board of directors has no plans to change the dividend. The firm s investors require

ABC Corporation pays $7 dividend per year, and the board of directors has no plans to change the dividend. The firms investors require a 20% return on investment. What should be the market price of the firms stock
A.
30$
B.
32$
C.
35$
D.
29$

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