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Your local toy store just announced its annual dividend will be $4 dividend next year, $3 the following year, and then a final liquidating dividend

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Your local toy store just announced its annual dividend will be $4 dividend next year, $3 the following year, and then a final liquidating dividend of S46 a share In Year 3. At a discount rate of 18 percent, what should one share sell for today? Multiple Cholce 536.21 $31.48 $35.64 $39.09 $33.54

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