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Question 17 (1 point) Texas Corporation just paid a dividend of $1.5 per share. It is assumed that the dividend will continue to grow at

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Question 17 (1 point) Texas Corporation just paid a dividend of $1.5 per share. It is assumed that the dividend will continue to grow at a steady rate of 4% per year. Based on this information and a required return of 14%, what would you be willing to pay for the stock today? None of the answers is correct $15.00 $15.60 $26.00 $20.80

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