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If a company is expected to pay a divided of $2.45 per year indefinitely. The appropriate rate of return on this stock is 15 percent

If a company is expected to pay a divided of $2.45 per year indefinitely. The appropriate rate of return on this stock is 15 percent per year, and the stock consistently goes ex-dividend 30 days before dividend payment date. what is the expected minimum price in light of the dividend payment? and what is the expected maximum price in light of the dividend payment?

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