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The company has paid annual dividends of 32 48 and 60 a

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The company has paid annual dividends of $.32, $.48 and $.60 a share over the past three yrs. the company will maintian a constant dividend. 16% Rate of return. What is the max amount you are willing to pay for one share? Please show the formula, then the numbers in the formula so I can see how you did the problem.

Reference no: EM13597623

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