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SirMag Complex just announced that they are increasing the annual dividend to $ 2 . 7 5 and establishing a policy whereby the dividend will

SirMag Complex just announced that they are increasing the annual dividend to $2.75 and establishing a policy whereby the dividend will increase by 3 percent annually thereafter. How much will one share of this stock be worth six years from now if the required rate of return is 14.5 percent?

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