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The stock of Sharkey Enterprises typically provides an average rate of return of 12.4 percentThe firm's next annual dividend is projected with future increases of

The stock of Sharkey Enterprises typically provides an average rate of return of 12.4 percentThe firm's next annual dividend is projected with future increases of 2.1 percent per yearWhat price should you pay for this stock if you are satisfied the firm's average rate of?
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$8.64 $7.18 $882 $971 $773

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