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  3. 3 3 zamzam tours just paid an annual dividend of

3 3 Zamzam Tours just paid an annual dividend of $0.72 a share. The...

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3 Zamzam Tours just paid an annual dividend of $0.72 a share. The firm has a policy of increasing the dividend by 3.5 percent annually. What is the current value of this stock at a discount rate of 11.7%? (3 Points) $9.02 $8.67 $8.91 $9.09

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