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Last year, Wilderness Adventures paid an annual dividend of $3.20 per share. The firm recently announced that it will increase its dividend by a constant
Last year, Wilderness Adventures paid an annual dividend of $3.20 per share. The firm recently announced that it will increase its dividend by a constant 10.0 percent annually. What is one share of this stock worth today at a required rate of 16.8 percent?
$52.97
$51.27
$52.85
$51.76
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