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Sammy decides to buy a stock that pays an annual dividend of $4.52. Lets assume the interest rate is 2.33%. What is the present value
- Sammy decides to buy a stock that pays an annual dividend of $4.52. Lets assume the interest rate is 2.33%. What is the present value of this?
| A. | $98.52 |
| B. | $150.00 |
| C. | $193.99 |
| D. | There is no way to calculate this as the dividend is paid forever. |
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