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Patrol Inc. just paid an annual dividend of $2.50 It has increased its dividends average 2.5% per year and is expected to continue doing so.

Patrol Inc. just paid an annual dividend of $2.50
It has increased its dividends average 2.5%
per year and is expected to continue doing so.
If investors require a return rate of 8%
how much its stocks will sell for?

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