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Triple Play Foods Inc, paid an annual dividend of $3.04 a share last month. Today, the company announced that future dividends will be increasing by

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Triple Play Foods Inc, paid an annual dividend of $3.04 a share last month. Today, the company announced that future dividends will be increasing by 3.0 percent annually. If you require a return of 7.6 percent, how much are you willing to pay to purchase one share of this stock today? $77.03 $31.14 $68.07 $82.84 $66.09

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