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Please show all steps and double check your work! Thank you. Question 6...

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Accounting

Please show all steps and double check your work! Thank you.

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Question 6 1 pts HQZ Inc., has just paid a dividend of $5.24 per share and has announced that it will increase the dividend by $3.56 per share for each of the next four years, and then never pay another dividend. If you require a return of 9.73 percent on the company's stock, how much will you pay for a share today? Answer to two decimals. WI

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