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five BMY Corporation expects to pay a cash dividend of $1.96 per share next year. Investors require a 8.31% return from investments such as this.

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five BMY Corporation expects to pay a cash dividend of $1.96 per share next year. Investors require a 8.31% return from investments such as this. If the dividend is expected to grow at a steady 3.87% per year, what will the stock be worth years? a. $37.58 b. $51.38 C. $39.67 d. $53.37

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