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FM Resorts paid a $2.20 per share annual dividend last week. Dividends are expected to increase by 2 percent annually. What is one share of

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FM Resorts paid a $2.20 per share annual dividend last week. Dividends are expected to increase by 2 percent annually. What is one share of this stock worth to you today if your required rate of return is 10 percent? 28.05 0 27.50 22.00 O 22.44 28.85

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