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Sam Inc. will pay a $3.65 per share dividend next year. The company pledges to increase its dividend by 5.10% per year, indefinitely. If you
Sam Inc. will pay a $3.65 per share dividend next year. The company pledges to increase its dividend by 5.10% per year, indefinitely. If you require a return of 12.00% on your investment, how much will you pay for the company's stock today?
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