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Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $14, but management expects to reduce the payout by 10

Antiques R Us is a mature manufacturing firm. The company just paid a dividend of $14, but management expects to reduce the payout by 10 percent per year indefinitely.If you require a return of 18 percent on this stock, what will you pay for a share today?

A. $45.00

B. $157.50

C. $50.00

D. $44.55

E. $45.45

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