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Remaining Time: 1 hour, 14 minutes, 49 seconds Question Completion Status Moving to another question will save this response Question Question 6 2 points General

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Remaining Time: 1 hour, 14 minutes, 49 seconds Question Completion Status Moving to another question will save this response Question Question 6 2 points General Importers announced that it will pay a dividend of $1.00 per share one year from today. After that, the company expects a slowdown in its business and will not pay a dividend for the next years. Then, 8 years from today, the company will begin paying an annual dividend of $1.00 forever. The required retum is 11.00 percent. What is the price of the stock today? Question this response

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