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Knightmare, Incorporated, will pay a dividend of $5.35,$9.45, and $12.65 per share for each of the next three years, respectively. The company will then close

image text in transcribed Knightmare, Incorporated, will pay a dividend of $5.35,$9.45, and $12.65 per share for each of the next three years, respectively. The company will then close its doors. Investors require a return of 9.3 percent on the company's stock. What is the current stock price? Multiple Choice $28.69 $27.42 $22.49 $32.76 $25.46

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