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South Bay just paid a $2.25 annual dividend, the dividends increase by 5 percent annually, and you require a return of 12 percent. How much

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South Bay just paid a $2.25 annual dividend, the dividends increase by 5 percent annually, and you require a return of 12 percent. How much are you willing to pay for one share of the stock? Select one: a. $33.75 b$32.15 $36.63 IN $27.96 $25.BB

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