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Metroplex Corporation will pay a $4.80 per share dividend next year. The company pledges to increase its dividend by 5.90 percent per year indefinitely. Required:
Metroplex Corporation will pay a $4.80 per share dividend next year. The company pledges to increase its dividend by 5.90 percent per year indefinitely. Required: If you require an 13.30 percent return on your investment, how much will you pay for the company's stock today? Multiple Choice $62.27 O $64.86 $23.61 $67.46 $61.25
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