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The common stock of Woolen Works pays an annual dividend of $1.50 a share. The company has promised to maintain a constant dividend even though
The common stock of Woolen Works pays an annual dividend of $1.50 a share. The company has promised to maintain a constant dividend even though economic times are tough. How much are you willing to pay for one share of this stock if you want to earn a 12 percent annual return? O $12.50 $13.72 $14.56 $14.79
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