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Question 16 Spoir A stock just paid a dividend of $2.00. Dividends are expected to grow at an annual rate of 6%. What is the

Question 16 Spoir A stock just paid a dividend of $2.00. Dividends are expected to grow at an annual rate of 6%. What is the price of the stock if the required rate of return is 10%? $34.67 $42.00 $53.00 $71.33 $108.00

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