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Friendly Companies is preparing to pay annual dividends of $ 1 . 4 8 , $ 1 . 6 0 , and $ 1 .
Friendly Companies is preparing to pay annual dividends of $ $ and $ per share over the next three years, respectively. After that, the annual dividend will be $ per share indefinitely. What is this stock worth to you per share if you require a return of percent?
$
None of these answers are correct
$
$
$
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