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The Glaser Company paid an annual dividend of $1.64 per share last year and has just announced that future dividends going forward will increase by

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The Glaser Company paid an annual dividend of $1.64 per share last year and has just announced that future dividends going forward will increase by 1.3% annually. If the company's required rate of return is 9.3%, what is the value per share of Glaser stock? Multiple Choice $17.63 O $20.50

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