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Score: 0 of 1 pt 1 of 13 (0 complete) HW Score: 0%, 0 of 13 pts P7-2 (similar to) Question Help Dietterich Electronics wants
Score: 0 of 1 pt 1 of 13 (0 complete) HW Score: 0%, 0 of 13 pts P7-2 (similar to) Question Help Dietterich Electronics wants its shareholders to earn a return of 13% on their investment in the company. At what price would the stock need to be priced today if Dietterich Electronics had a a. $0.20 constant annual dividend forever? b. $1.20 constant annual dividend forever? c. $1.90 constant annual dividend forever? d. $3.40 constant annual dividend forever? a. The value of the stock for an investor who wants a return of 13% with a constant annual dividend of $0.20 forever is: S (Round to the nearest cent.)
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