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Question 4 (20 points) Alamo Defense just paid its annual dividend of $2.5 per share, and it is widely expected that the dividend will increase

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Question 4 (20 points) Alamo Defense just paid its annual dividend of $2.5 per share, and it is widely expected that the dividend will increase by 4.8 percent per year indefinitely. What price should the stock sell at? The discount rate is 9.4 percent. $54.35 0 27.87 $26.6 $56.96 Question 5 (2 points) Saved Which of the following is not one of the forms of market efficiency? Semi strong form efficiency Strong form efficiency weak form efficiency

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