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Asonia Company will pay a dividend of $4.80, $8.90, $11.75, and $13.50 per share for each of the next four years, respectively. The company will

Asonia Company will pay a dividend of $4.80, $8.90, $11.75, and $13.50 per share for each of the next four years, respectively. The company will then close its doors. If investors require a retum of 11.4 percent on the company's stock, what is the stock price?

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$31.28

$33.68

$28.75

$35.60

$41.80

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