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FM Resorts will pay a $2.20 per share annual dividend at the end of this year. Dividends are expected to increase by 4 percent annually.

FM Resorts will pay a $2.20 per share annual dividend at the end of this year. Dividends are expected to increase by 4 percent annually. What is one share of this stock worth to you today if your required rate of return is 5 percent

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