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MC Qu. 76 Winter Time Adventures is going to pay an annual dividend... 13 Winter Time Adventures is going to pay an annual dividend of

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MC Qu. 76 Winter Time Adventures is going to pay an annual dividend... 13 Winter Time Adventures is going to pay an annual dividend of $2.51 a share on its common stock next week. This year, the company paid a dividend of $2.40 a share. The company adheres to a constant rate of growth dividend policy. What will one share of this common stock be worth 11 years from now if the applicable discount rate is 9.0 percent? 1 points Multiple Choice References $86.02 O $88.96 O $100.63 O $93.04 o $113.21

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