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Question 13 3 / 3 pts Utah Technologies, a mobile technology provider, just paid a dividend of 1.35 per share. The company plans to increase

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Question 13 3 / 3 pts Utah Technologies, a mobile technology provider, just paid a dividend of 1.35 per share. The company plans to increase its dividends by 3% each year for the next 5 years, then reducing the annual increase to 1.5% in perpetuity. If the required rate of return of a Utah Technologies investor is 12%, what will a share of stock sell for today? Please choose the answer form the options below that best matches your answer. This Problem Counts 3 Points O $13.87 O $13.44 O $18.45 O $12.64 $10.48

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