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Neapolitan Store will pay an annual dividend of $2.50 next year. The company just announced that future dividends will be increasing by 4 percent annually.

Neapolitan Store will pay an annual dividend of $2.50 next year. The company just announced that future dividends will be increasing by 4 percent annually. How much are you willing to pay for one share of this stock if your required return is 12 percent? $35.36 $37.67 $31.25 $33.85

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