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Builtrite stock just paid a dividend of $4 and dividends are expected to grow at a 5% annual rate. If you require a 10% annual

Builtrite stock just paid a dividend of $4 and dividends are expected to grow at a 5% annual rate. If you require a 10% annual return, what do you believe is a fair price for Builtrite stock?

$84.00

$83.33

$80.00

$88.33

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