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Germany Ltd. offers a common stock that pays an annual dividend of $1.25 a share. The company has promised to maintain a constant dividend. How
Germany Ltd. offers a common stock that pays an annual dividend of $1.25 a share. The company has promised to maintain a constant dividend. How much are you willing to pay for one share of this stock if you want to earn a 9percent return on your equity investments?
a. $13.88
b. $22.22
c. 7.20
d. 28.57
e. 31.14
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