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B Inc. is expected to pay a dividend of $3.60 and $2.64 over the next two years. After that, the company is expected to increase

B Inc. is expected to pay a dividend of $3.60 and $2.64 over the next two years. After that, the company is expected to increase its annual dividend at 3.5 percent. What is the share price you are willing to pay today if your required return is 12.2 percent? a. 30.25 b. 31.68 c. 30.70 d. 35.25

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