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Question 4 (1 point) XYZ Co. recently announced that its next annual dividend will be $0.55 a share and that all future dividends will be
Question 4 (1 point) XYZ Co. recently announced that its next annual dividend will be $0.55 a share and that all future dividends will be increased by1.5 percent annually. You require a 9 percent rate of return on this stock. What is one share of this stock worth to you today? 1) $7.33 2) $5.33 3) $4.33 4) $3.33 5) $6.33
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