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Suppose that a company pays annual dividends that are expected to grow at a constant rate of 5% per year forever. The company just paid

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Suppose that a company pays annual dividends that are expected to grow at a constant rate of 5% per year forever. The company just paid a dividend of $2. If the market requires an annual return of 13% on this stock, what is the appropriate market price per share? O A. $11.67 O B. $26.25 O C. $25 O D. $15.38 O E. $16.15

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