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Question 34 5 pts MECCS Inc. stock paid its annual dividends of $5.70 per share yesterday. The dividend is expected to decrease at a constant

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Question 34 5 pts MECCS Inc. stock paid its annual dividends of $5.70 per share yesterday. The dividend is expected to decrease at a constant rate of 3 percent per year indefinitely. Investors require a rate of return of 8.60 percent on the stock. How much should one share of the stock be priced today? O $71.59 O $44.21 $98.73 $59.92 O $47.66

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