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T-tech corporation is growing consistently and in parallel with that the firm's dividends are expected to grow 2% every year. T-tech has just announced that

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T-tech corporation is growing consistently and in parallel with that the firm's dividends are expected to grow 2% every year. T-tech has just announced that it will distribute a $3 dividend next year. If the required rate of return in the market is 14%, what should be the share price of the firm? Select one: a 21 b.31 c.27 d. 25

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