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Rosita's announced that its next annual dividend will be $1.65 a share and all future dividends will increase by 3 percent annually. What is the

Rosita's announced that its next annual dividend will be $1.65 a share and all future dividends will increase by 3 percent annually. What is the maximum amount you should pay to purchase a share of this stock if you require a rate of return of 10 percent?

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21.11

17.37

19.15

23.57

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