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How much are you willing to pay for one share of stock if the company just paid an $.80 annual dividend, the dividends increase by

How much are you willing to pay for one share of stock if the company just paid an $.80 annual dividend, the dividends increase by constant rate of 4% annually and you require an 8% rate of return? $19.23 $20,00 $20.15 $20.80 $21.63 O O

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