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The LSUS Corporation recently just paid a $ 1 . 4 8 per share annual dividend. Dividends are expected to increase by 2 . 5

The LSUS Corporation recently just paid a $1.48 per share annual dividend. Dividends are expected to increase by 2.5 percent annually. What is one share of this stock worth today if the appropriate discount rate is 14 percent?
a. $12.87
b. $14.16
C. $13.19
d. $12.25
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