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  3. company b pays a constant annual dividend of $0.21

Company B pays a constant annual dividend of $0.21 per share. If you require a...

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Company B pays a constant annual dividend of $0.21 per share. If you require a rate of return of 8.3 percent, how much are you willing to pay for one share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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