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Ziggs Corporation will pay a $4.35 per share dividend next year. The company pledges to increase its dividend by 4.75 percent per year, indefinitely. Required:
Ziggs Corporation will pay a $4.35 per share dividend next year. The company pledges to increase its dividend by 4.75 percent per year, indefinitely. Required: If you require a 10.75 percent return on your investment, how much will you pay for the company's stock today? (Select rounded answers as directed, but do not use the rounded numbers in intermediate calculations.) $26.73 $79.75 $72.50 $69.06 $28.06
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