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You believe Apple Inc. can afford to pay $5.50/share annual dividend, which can grow at 5% per year, to perpetuity. If you want to earn

You believe Apple Inc. can afford to pay $5.50/share annual dividend, which can grow at 5% per year, to perpetuity. If you want to earn 10% per year return, how much should you pay for a share of Apple Inc.? (pick the best answer)

Group of answer choices

Share price 100

100 < share price 125

125 < share price 150

150 < share price

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