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Suppose Swiftie, Inc., just paid a dividend of $7.35 per share. It is expected to increase its dividend by 1.8 percent per year, indefinitely. If
Suppose Swiftie, Inc., just paid a dividend of
$7.35
per share. It is expected to increase its dividend by 1.8 percent per year, indefinitely. If the market requires a return of 15.82 percent on assets of this risk, how much should Swiftie be selling for?\
$53.37
\
$54.33
\
$47.30
\
$42.46
\
$60.85
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