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Question 26 The ELL common stock pays an annual dividend of $2.23 a share and is committed to maintaining a constant dividend growth of 2%.

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Question 26 The ELL common stock pays an annual dividend of $2.23 a share and is committed to maintaining a constant dividend growth of 2%. How much are you willing to pay for one share of this stock if your required return is 16 percent Round final answer to two decimal places.) O $14.04 $14.67 O $13.88 O $15.93 O $14.56

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