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show excel procedure 13. You have decided that you would like to own shares of Bell Corp. but you need an expected 12.5% rate of

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13. You have decided that you would like to own shares of Bell Corp. but you need an expected 12.5% rate of return to compensate for the perceived risk of such ownership. What is the maximum you are willing to spend per share to buy Bell stock if the company pays a constant S3.40 annual dividend per share? .) $26.04 o b) $26.87 O c.) $27.20 od.) $28.29

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