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Software Sales Supply is expected to pay its first annual dividend of $110 per share in Year 3. Starting in Year 6, the company plans

Software Sales Supply is expected to pay its first annual dividend of $110 per share in Year 3. Starting in Year 6, the company plans to increase the dividend by 3.2 percent per year. What is the value of this stock today. Year O, at a required return of 13.1 percent? Multiple Choice $8.22 $11.31 51149 S12.66

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