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Gda, Inc., is expected to pay $11.1 to its shareholders as the annual dividend at the end of this year. Simultaneously, the company announced that
Gda, Inc., is expected to pay $11.1 to its shareholders as the annual dividend at the end of this year. Simultaneously, the company announced that future dividends will be increasing by 4.9 percent. If you require a rate of return of 12.7 percent, how much are you willing to pay today to purchase one share of the company's stock?
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