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You want to purchase some shares of Eagle Landers stock but need a 1 1 percent rate of return to compensate for the perceived risk
You want to purchase some shares of Eagle Landers stock but need a percent rate of return to compensate for the perceived risk of such ownership. What is the maximum you are willing to spend per share to buy this stock if the company pays a constant $ annual dividend per share? You must use the financial calculator to solve this question and please leave at least decimal places.
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