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How to do this 4. Stock Values [L01] Staal Corporation will pay a $3.40 per share dividend next year. The company pledges to increase its

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4. Stock Values [L01] Staal Corporation will pay a $3.40 per share dividend next year. The company pledges to increase its dividend by 4.5 percent per year indei- nitely. If you require a return of 11 percent on your investment, how much will you pay for the company's stock today

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