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What price would you pay today for a stock if you require a rate of return of 12%, the dividend growth rate is 3.80%, and

What price would you pay today for a stock if you require a rate of return of 12%, the dividend growth rate is 3.80%, and the firm recently paid an annual dividend of $2.80 ? Multiple Choice $34.15 $38.33 $27.55 $35.44

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