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Sid's Video Store will pay an annual dividend of $ 2 . 1 5 next month. The company just announced that future dividends will be

Sid's Video Store will pay an annual dividend of $2.15 next month. The company just announced that future dividends will be increasing by 1.5 percent annually. How much are you willing to pay for one share of this stock if your required return is 14 percent?
$16.13
$17.20
$18.06
$19.42
$15.36

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