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You are considering purchasing stock in Boulder Inc. The company just paid a dividend of $ 3 . 7 4 and you feel that the

You are considering purchasing stock in Boulder Inc. The company just paid a dividend of $3.74 and you feel that the required return on the stock is 12.1 percent. You feel the company will increase its dividend at 3.5 percent indefinitely. What is the price per share of the company's stock?
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$30.91
$42.76
$40.51
$45.01
$43.49
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