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All else equal, as the required rate of return increases, the price of a stock a) does not change Ob) converges to the dividend amount

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All else equal, as the required rate of return increases, the price of a stock a) does not change Ob) converges to the dividend amount Oc) cannot be determined d) decreases Oe) increases Question 16 (3 points) Assume Cash Corp. recently paid a dividend of $4.50. If dividends are expected to grow by 3% annually, how much will be the next dividend? Assume a required return of 10%. a) $4.50 b) $4.64 O c) $4.41

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