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Porky Pig Company pays a constant $9.45 annual dividend per share and has a 35 percent tax rate. You are planning to buy shares of
Porky Pig Company pays a constant $9.45 annual dividend per share and has a 35 percent tax rate. You are planning to buy shares of the firm and need an 18.83% return to compensate for the perceived risk of such ownership. What is the maximum you are willing to spend per share to buy this stock? $160.23 $100.38 $80.12 $64.72 $50.19
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