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Caan Corporation will pay a $2.98 per share dividend next year. The company pledges to increase its dividend by 5 percent per year indefinitely If

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Caan Corporation will pay a $2.98 per share dividend next year. The company pledges to increase its dividend by 5 percent per year indefinitely If you require a return much will you pay for the company's stock today? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) of 14 percent on your investment, how Stock price Hints eBook & Resources Hint #1

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