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a. 10. Keys Inc's stock has a required rate of return of 10%, and it sells for $40 per share. Keys dividend is expected to

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a. 10. Keys Inc's stock has a required rate of return of 10%, and it sells for $40 per share. Keys dividend is expected to grow at a constant rate of 7% per year. What was Keys last dividend. Do? Hints Solve for DI then discount back one period. $1.12 b. $1.24 c. $1.36 d. $1.48 $1.60 e

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