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Business, 16.04.2020 02:56 vanswol42

Three Corners Markets paid an annual dividend of $1.42 a share last month. Today, the company announced that future dividends will be increasing by 1.3 percent annually. If you require a return of 14.6 percent, how much are you willing to pay to purchase one share of this stock today?

A) $10.68
B) $10.82
C) $9.68
D) $11.23
E) $11.57

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Answers: 2

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