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Solar Energy, Inc. will pay an annual dividend of $1.17 next year. The company just announced that future dividends will be increasing by 3.9 percent

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Solar Energy, Inc. will pay an annual dividend of $1.17 next year. The company just announced that future dividends will be increasing by 3.9 percent annually. How much are you willing to pay for one share of this stock if you require a 17.8 percent return

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