Antique is a mature manufacturing firm. The company just paid a dividend of $16.30 but management expects to reduce the payout by 5 percent per year, indefinitely. If you require a return of 13 percent on this stock, what will you pay for a share today? 1) $102.64 2) $90.52 3) $75.64 4) $86.03 Previous Page Next Page Page 14 of 20 5 6 8 9 3 O F W TE R s D F G H J K L Alt Ctrl Alt