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CDC Company will pay a dividend of $0.60 at the end of the year. CDC Company will pay a dividend of $0.60 at the end

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CDC Company will pay a dividend of $0.60 at the end of the year.

CDC Company will pay a dividend of $0.60 at the end of the year. Investors expect dividends to grow at an annual rate of 3% indefinitely, and they require an 8% return on the shares. The share price today should be: $12.36 $7.50 $12.00 $20.00

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