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Akinnibo sun Motors recently paid a per share dividend of $1.97. Dividends are expected to increase by 2.8 percent annually. What is one share of

Akinnibo sun Motors recently paid a per share dividend of $1.97. Dividends are expected to increase by 2.8 percent annually. What is one share of this stock worth today if the appropriate discount rate is 17 percent? Multiple Choice $16.23 $13.87 $14.26 $11.59 $13.87

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