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Water Matter pays an annual dividend of $2.00 a share. The company has promised to maintain a constant dividend even though economic times are tough.

Water Matter pays an annual dividend of $2.00 a share. The company has promised to maintain a constant dividend even though economic times are tough. How much are you willing to pay for one share of this stock if you want to earn 10% annual return?

$25

$40

$20

$30

$35

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