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The Retarded Company's dividends are declining at an annual rate of 8 percent.The company just paid a dividend of $4 per share.You require a 16

  1. The Retarded Company's dividends are declining at an annual rate of 8 percent.The company just paid a dividend of $4 per share.You require a 16 percent rate of return.How much will you pay for this stock?
  2. A.$17.09
  3. B.$19.20
  4. C.$13.85
  5. D.$15.33
  6. E.$12.57
  7. F.$21.78

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