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R announced that its next (one year from now) annual dividend will be $1.65 per share and all future dividends will increase by 2.5% annually.
R announced that its next (one year from now) annual dividend will be $1.65 per share and all future dividends will increase by 2.5% annually. What is the maximum amount you should pay to purchase a share of this stock if you require a rate of return of 12%
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