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D Question 6 5 pts Suppose SnapChat announced that it will give $1.64 dividend to it common stockholders next year. It also said that it

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D Question 6 5 pts Suppose SnapChat announced that it will give $1.64 dividend to it common stockholders next year. It also said that it plans to grow future dividends 8% annually for the foreseeable future. If you require a 13% return on your investment, how much are you willing to pay for the stock? (Round your answer to two decimal point)

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