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Blasco just paid an annual dividend of $1.24 a share. The dividends are set to increase by 2 percent annually. Jim has a required rate

Blasco just paid an annual dividend of $1.24 a share. The dividends are set to increase by 2 percent annually.

Jim has a required rate of return of 12%.

Jane has a required rate of return of 15%.

Julie has a required rate of return on 9%.

Calculate the price that Jim, Jane and Julie will each be willing to pay per share for Blasco stock

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