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You find a stock that has announced that it will pay its first dividend of $1.65 in six years and then grow the dividend at

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You find a stock that has announced that it will pay its first dividend of $1.65 in six years and then grow the dividend at 4.5% afterward. If you require a return of 14%, what is the most you would be willing to pay for the stock today? A. $17.37 B. $9.02 C. $9.43 D. $7.91 E. $3.03

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