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Purchase one share of the company stock

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Tetra, Inc., is expected to pay $9.6 to its shareholders as the annual dividend at the end of this year. Simultaneously, the company announced that future dividends will be increasing by 4.1 percent. If you require a rate of return of 13.8 percent, how much are you willing to pay today to purchase one share of the company's stock?

Reference no: EM132516395

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