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Time Corporation will pay a dividend of $3.95 per share next year The company pledges to increase its dividend by $.25 percent per year ,Jndefintny

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Time Corporation will pay a dividend of $3.95 per share next year The company pledges to increase its dividend by $.25 percent per year ,Jndefintny how much will you pay for the company's stock today? (Do not round Intermediate calculations and round your answer to 2 decimal places, .32.16 Curment stock price

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