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Walpurg, Inc. paid $ 1.4 as an annual dividend per share last year. The company is expected to increase their annual dividends by 5 %
Walpurg, Inc. paid $1.4 as an annual dividend per share last year. The company is expected to increase their annual dividends by 5 % each year. How much should you pay to purchase one share of this stock if you require a 8 % rate of return on this investment?
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