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Which of the following comes closest to the price today (in dollars and cents) of a stock whose current dividend per share of $2.50 is
Which of the following comes closest to the price today (in dollars and cents) of a stock whose current dividend per share of $2.50 is not ever expected to change? The stock's required rate of return is 7%. A. $2.50 B. $35.71 C. $25.00 D. $26.75 E. $2.34
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