Last month town deli paid an annual dividend of 375 per, Financial Management

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Last month town deli paid an annual dividend of 375 per

Last month, Town Deli paid an annual dividend of $3.75 per share. The general consensus is that dividends will increase by 3.5% annually and you require a 15% annual rate of return, how much should you willing to pay to purchase one share of this stock now?

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Financial Management: Last month town deli paid an annual dividend of 375 per

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