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MC algo 7-29 Valuing Stock Braxton's Cleaning Company stock is selling for $30.50 per share based on a required return of 10.5 percent. What is

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MC algo 7-29 Valuing Stock Braxton's Cleaning Company stock is selling for $30.50 per share based on a required return of 10.5 percent. What is the the next annual dividend if the growth rate in dividends is expected to be 3.4 percent indefinitely? Multiple Choice $2.17 $2.39

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