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Q-1: The Johnson Company just paid an annual dividend of $1.60. How much would you be willing to pay for one share of Johnson Company
Q-1: The Johnson Company just paid an annual dividend of $1.60. How much would you be willing to pay for one share of Johnson Company stock if the dividend remains constant and you require a 10% rate of return?
Select one:
a. $18.21
b. $19.38
c. $17.78
d. $16.00
e. $14.40
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