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Angelina's made two announcements concerning their common stock today. First, the company announced that their next annual dividend has been set at $2.16 a share.

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Angelina's made two announcements concerning their common stock today. First, the company announced that their next annual dividend has been set at $2.16 a share. Secondly, the company announced that all future dividends will increase by 4 percent annually. What is the maximum amount you should pay to purchase a share of Angelina's stock if your goal is to earn a 12 percent rate of return? O A. $36 OB. $27 O C.$30 D. $0.18 O E. none

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