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P. = D/R = 0.30/0.025 = $12.00 23 Question 9-3: . Starting next quarter, a stock will pay a dividend of $0.50 per quarter forever.

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P. = D/R = 0.30/0.025 = $12.00 23 Question 9-3: . Starting next quarter, a stock will pay a dividend of $0.50 per quarter forever. Calculate the current price of the stock assuming a required return of 16% APR Quarterly. A. $3.13 B. $12.00 C. $12.50 D. $16.00 E. $16.25 Abdulrahman A. 24 24 | 67 rwah... 2181143282 Noura

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