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How much are you willing to pay for one share of stock if the company just paid an annual dividend of $1.03, the dividends increase
How much are you willing to pay for one share of stock if the company just paid an annual dividend of $1.03, the dividends increase by 3 percent annually, and you require a rate of return of 15 percent? A. $8.58 B. $9.49 C. $10.40 D. $8.84 E. $6.87
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