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Question 34 (1 point) Sun Tech Company is expected to pay $2.57 dividend per share next year. White Tech's dividend is expected to increase by

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Question 34 (1 point) Sun Tech Company is expected to pay $2.57 dividend per share next year. White Tech's dividend is expected to increase by 5% every year. Assume investors require an 11% return on companies such as White Tech Company. Based on the dividend growth model, what is the value of Tech's stock today? $45.94 $60.42 None of the answers is correct $42.83 $43.75

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