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Builtrite stock just paid a dividend of $6 and dividends are expected to grow at a 6% annual rate. If you require a 12% annual

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Builtrite stock just paid a dividend of $6 and dividends are expected to grow at a 6% annual rate. If you require a 12% annual return, what do you believe is a fair price for Builtrite stock? O $88.33 O $106 O $112.00 0 $94.00

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