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Greenever Co. has just paid an annual dividend of $2 per share and plans to pay $2.1 per share next year. That means a 5%

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Greenever Co. has just paid an annual dividend of $2 per share and plans to pay $2.1 per share next year. That means a 5% dividend growth per year. If investors expect Greenever to keep the 5% dividend growth forever, how much should they pay for a share of Greenever's stock at a discount rate of 12% (EAR)? Select one: O a. $28.57 O b. $17.50 O c. $42.00 O d. $40.00 e. $30.00 Please briefly describe the main differences between the payback period rule and the NPV rule. A- BIU A- $ * * I E = ? NPV is calculated in terms of currency and the payback method refers to the period of time required to return on an investment to repay the total initial investment

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