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APIC COMPANY PAID DIVIDENDS LAST FOUR YEARS AS FOLLOWS YEAR DIVIDENDS 11 2.5 2.3 2. 3 2.1 14 2. THIS YEAR THE DIVIDENDS IS $3

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APIC COMPANY PAID DIVIDENDS LAST FOUR YEARS AS FOLLOWS YEAR DIVIDENDS 11 2.5 2.3 2. 3 2.1 14 2. THIS YEAR THE DIVIDENDS IS $3 AND WILL GROW AT A CONSTANT RATE WHAT IS THE PRICE OF THE STOCK IF THE REQUIRED RATE OF RETURN IS 15%

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