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Metroplex Corporation will pay a $3.00 per share dividend next year. The company pledges to increase its dividend by 5.50 percent per year indefinitely. Required:

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Metroplex Corporation will pay a $3.00 per share dividend next year. The company pledges to increase its dividend by 5.50 percent per year indefinitely. Required: If you require an 13.40 percent return on your investment, how much will you pay for the company's stock today? Multiple Choice $39.49 $35.99 $36.46 $15.05 $37.97

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