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Kohl's (ticker symbol: KSS) pays an annual dividend of $1.90 per share. If Mark Tritton requires a 14.30% rate of return and he believes that

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Kohl's (ticker symbol: KSS) pays an annual dividend of $1.90 per share. If Mark Tritton requires a 14.30% rate of return and he believes that KSS will keep paying the same dividend indefinitely, how much will Mark pay today for a share of KSS? Multiple Choice $27.17 O $12.40 $13.29 O $7.53 O o $16.20

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