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The common stock of BankOne just paid a dividend of $2.25 per share. The company is going to increase dividend by 6% per year. The
The common stock of BankOne just paid a dividend of $2.25 per share. The company is going to increase dividend by 6% per year. The required rate of return is 15% per year given the risk of the company. What is the current stock price? Select one: O a. $18.34 b. $26.50 . $22.50 O d. $15.00 Oe. $25.00
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