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Harriet is considering a company that expects to grow steadily at an annual rate of 6 percent for the foreseeable future. The company paid a

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Harriet is considering a company that expects to grow steadily at an annual rate of 6 percent for the foreseeable future. The company paid a dividend of $2.30 last year. If your required rate of return is 10 percent, what is the most you would be willing to pay for this stock

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