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If the last dividend on Markowitz Trucking stock was$2 per share and if dividends are expected to grow10% annually, what is the share price if
If the last dividend on Markowitz Trucking stock was$2 per share and if dividends are expected to grow10% annually, what is the share price if the required return is12%?
A.
$130
B.
$155
C.
$100
D.
$125
E.
$110
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