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Question 1 (10 points) BBZ Inc. paid an annual dividend last year of $6 per share. The company follows a policy to raise dividends each

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Question 1 (10 points) BBZ Inc. paid an annual dividend last year of $6 per share. The company follows a policy to raise dividends each year by 3%. The company will be in business for 10 years and not have a liquidating dividend. The required rate of return for this investment is 9%. What is the price of this stock today? 44.53 43.23 103.00 100.00 Next Page Page 1 of 4

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