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Question 16: (4 Points) Investors forecast that the Wilford Company will pay a $3.00 annual dividend in one year and also project that the dividend

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Question 16: (4 Points) Investors forecast that the Wilford Company will pay a $3.00 annual dividend in one year and also project that the dividend will grow at a 6% rate for the foreseeable future. If investors require a 15% return on Wilford stock, what is one share worth

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