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Q 1 1 . If this company paid a $ 4 dividend this morning that is expected to grow at 5 % per year, what

Q11. If this company paid a $4 dividend this morning that is expected to grow at 5% per year, what is their price per share if the risk adjusted required return is 15%? Show all work by hand.
A. $30.00
B. $33.00
C. $30.90
D. $42.00
E. $23.77
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