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Sundial Resort has a 9% required rate of return. It does not plan to pay any dividend until the end of year 15 at which

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Sundial Resort has a 9% required rate of return. It does not plan to pay any dividend until the end of year 15 at which time it will begin to pay an annual dividend of $2.00 per share which it will hold constant thereafter. What is an estimate of the price of Sundial Resort's stock TODAY? O A. $12.22 B. $5.60 C. $6.10 OD. $6.65

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