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TT Corp. just paid an annual dividend of $15. The company follows a dividend policy that raises dividends annually at a rate of 2% (and
TT Corp. just paid an annual dividend of $15. The company follows a dividend policy that raises dividends annually at a rate of 2% (and expects this rate to go forever). The required rate of return is 12% What is today's stock price? O1) 52.50 O2) 150.00 3) 210.00 O4) 125.00 O5) 153.00
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