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Home Services common stock will pay a constant dividend of $3.50 starting next year and continuing for 10 years. Afterwards, the dividend will cease. If

Home Services common stock will pay a constant dividend of $3.50 starting next year and continuing for 10 years. Afterwards, the dividend will cease. If you require a 15% return on your investment, how much would you be willing to pay for one share of common stock today?

A. $19.76

B. $26.91

C. $17.57

D. $22.05

E. $35.00

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