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Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $13, but management expects to reduce the payout by 12

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Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $13, but management expects to reduce the payout by 12 percent per year indefinitely. If you require a return of 14 percent on this stock, what will you pay for a share today? Multiple Choice $572.00 $44.44 $44.00 $43.56 $50.00

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