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hapter 08 Saved Antiques R Us is a mature manufacturing firm. The company just paid a $15 dividend, but management expects to reduce the payout

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hapter 08 Saved Antiques R Us is a mature manufacturing firm. The company just paid a $15 dividend, but management expects to reduce the payout by 10 percent per year indefinitely. Required: If you require an 20 percent return on this stock, what will you pay for a share today? Multiple Choice $135.00

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