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Great Business just paid an annual dividend of $3.85 a share. The firm recently announced that all future dividends will be increased by 4.20 percent

Great Business just paid an annual dividend of $3.85 a share. The firm recently announced that all future dividends will be increased by 4.20 percent annually. What is one share of this stock worth to you if you require a rate of return of 12.50 percent? $48.33 $57.75

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