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Coyote Beauty Products just paid a dividend of $10 (i.e., DO = 10.00). Its dividends are expected to grow at a 5% annual rate forever.

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Coyote Beauty Products just paid a dividend of $10 (i.e., DO = 10.00). Its dividends are expected to grow at a 5% annual rate forever. If you require a 12% rate of return on investments of this risk level, what is the most you should pay for a share of Coyote's stock? $142.86 $150 $83.33 $87.50 None of the above is within $1 of the correct answer Question 15 (7 points) The Johnson Company has just paid a dividend of $8.00 per share (i.e. DO - $8.00) on its common stock, and it expects this dividend to grow by 13 percent per year, indefinitely. The required rate of return on the Jackson Company stock is 16%. How much should an investor be willing to pay for this stock today? $ 56.50 $266.67 O $301.33 O $69.54 $148.25

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