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Jose Ramirez Inc. has a current annual cash dividend policy of $ 5 . The price of the stock is set to yield a 6

Jose Ramirez Inc. has a current annual cash dividend policy of $5. The price of the stock is set to yield a 6% return. What is the price of this stock if the dividend will be paid
1. For 10 years and then the company will repurchase the stock for $40.
2. Forever with no repurchase of the stock.

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