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Seitz Glassware is trying to determine its growth rate for an annual cash dividend. Seitz Glassware is trying to determine its growth rate for an

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Seitz Glassware is trying to determine its growth rate for an annual cash dividend.

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Seitz Glassware is trying to determine its growth rate for an annual cash dividend. The most recent dividend, Divo, was $0.30 per share. The stock's target return rate is 11%. What is the stock's price if the annual growth rate is 2%? the annual growth rate is 4%? the annual growth rate is 7%? the annual growth rate is 8%? the annual growth rate is 9%? sap-9.9. a. What is the stock's price if the annual growth rate is 2%? $|:| (Round to the nearest cents)

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