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Finance

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If you expect the dividends of ABC stock to grow at 4% per year and the last dividend was $3.00 and you require a 15% return on this stock, what are you willing to pay for a share? Round to the nearest penny. O $27.27 O $28.36 O $31.36 O $25.00 O cannot calculate with given information If the stock is trading at $50.00 and the next dividend is expected to be $5.00 and you require a 15% annual return, what is the expected annual growth rate of dividends into the future? 0% O 3% O 4% 5% cannot calculate with given information can calculate but answer not shown

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