Question 16 Over the next three years, Biden and Harris will pay annual dividends of...

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Question 16 Over the next three years, Biden and Harris will pay annual dividends of $.65, $.78, and $.85 a share, respectively. After that, dividends are projected to increase by 3 percent per year. What is one share of this stock worth today at a required return of 12.0 percent? $8.53 O $8.63 O $8.73 O $8.83 O $8.23

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