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QUESTION 1 Sony Ltd paid a dividend of $3.30 per share last year. The company expects no growth for its dividend for the next several

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QUESTION 1 Sony Ltd paid a dividend of $3.30 per share last year. The company expects no growth for its dividend for the next several years. If the required rate of return is 12%, what is the current share price? $25.50 $26.20 $27.50 $28.20

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