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Mary's Market is preparing to pay its first dividends and the company has stated that the annual dividend will be $3 per share indefinitely. What

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Mary's Market is preparing to pay its first dividends and the company has stated that the annual dividend will be $3 per share indefinitely. What is this stock worth per share to you today if you demand an 11 percent rate of return? $2.70 $10.97 $14.27 $22.13 $27.27

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