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worth today? Big Stock just paid a dividend of $1.00. The company expects to raise the dividend by 4% every year (forever) and other similar

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worth today? Big Stock just paid a dividend of $1.00. The company expects to raise the dividend by 4% every year (forever) and other similar stocks in the market are priced to yield 15%. How much is one share of Big Stock $9.45 $8.95 $9.09 $9.45 None of the above

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