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Green Tea Company will pay an annual dividend of $2.5 next year. The company has increased its dividend by 4 percent a year for the

Green Tea Company will pay an annual dividend of $2.5 next year. The company has increased its dividend by 4 percent a year for the past twenty years and expects to continue doing so. What will a share of this stock be worth three years from now if the required return is 12 percent? $31.25 $38.00 $29.04 $35.15

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