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Save & Exit | | Submit 9. Paisley Panther stock is expected to pay a dividend of $4 per share next year. The rate of
Save & Exit | | Submit 9. Paisley Panther stock is expected to pay a dividend of $4 per share next year. The rate of return earned on reinvested funds is 15 percent and the company reinvests 40 percent of earnings in the fitm. What value will an investor who requires a 12 percent rate of return place on the stock? $39 22 O $4000 O $51 28 o $66.67 O $133.33 eBook & Resources Go to LO3
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