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WonderWomen Inc. recently paid a per share dividend of $ 1 . 3 8 . Dividends are expected to increase by 2 . 5 percent

WonderWomen Inc. recently paid a per share dividend of $1.38. Dividends are expected to increase by 2.5 percent annually. What is one share of this stock worth today if the appropriate discount rate is 12 percent?
Group of answer choices
$13.04
$12.25
$12.87
$13.19
$14.89

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