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Singing Fish Fine Foods has a current annual cash dividend policy of $3.25. The price of the stock is set to yield a return of

Singing Fish Fine Foods has a current annual cash dividend policy of $3.25. The price of the stock is set to yield a return of 10%. What is the price of this stock if the dividend will be paid.

a. for 11 years

b. for 16 years

c. for 41 years

d. for 60 years

e for 100 years

f. forever

Round to the nearest cent

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