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no excel 1. A company expects to pay its first dividend of $1.75 one year from now. It also expects the dividend to grow each

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no excel
1. A company expects to pay its first dividend of $1.75 one year from now. It also expects the dividend to grow each year by 4% forever. What is the price of the stock today if investors demand a 15% return for this security? a. $15.91 b. $43.75 c. $11.67 d. $16.55 e. 412.13

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