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The Springfield Nuclear plant has just gone public and has announced that they will begin paying dividends in four years. Their first dividend will be

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The Springfield Nuclear plant has just gone public and has announced that they will begin paying dividends in four years. Their first dividend will be $4.50 per share and will grow at 3% per year afterward. If you require a return of 11% on their stock, what is the most you would be willing to pay for the stock today? O $45.65 $33.38 $41.13 $37.05

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