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Wilber's clothing stores paid a $1.20 annual dividend and increases its dividend by 2.5 percent annually . You would like to purchase 100 shares of

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Wilber's clothing stores paid a $1.20 annual dividend and increases its dividend by 2.5 percent annually . You would like to purchase 100 shares of stock in this form but realize you will not have the funds to do so for another three years . If you desire a 10 percent rate of return , how touch should you expect to pay for 100 shares when you can afford to buy the stock Ignore trading costs $1,723 $1,681 $1,810 $1,640 $1,766

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