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Gogle, Inc, has announced that it intends to make its first ever dividend payment of $3 per share in six years. If you require a

Gogle, Inc, has announced that it intends to make its first ever dividend payment of $3 per share in six years. If you require a return of 15% and believe the dividend will grow at 10% per year after it is issued, what is the most you would be willing to pay today for the stock?

A. $29.83
B. $60.00
C. $25.94
D. $28.18

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