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The Waffle House pays a constant annual dividend of $10.45 per share. How much are you willing to pay for one share if you require

The Waffle House pays a constant annual dividend of $10.45 per share. How much are you willing to pay for one share if you require an 8 percent rate of return?

A. $104.72
B. $115.00
C. $126.52
D. $130.63
E. $136.83

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