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Abc offers a common stock that pays an annual dividend of

ABC offers a common stock that pays an annual dividend of $1.50 a share. The company has promised to maintain a constant dividend. How much are you willing to pay for one share of this stock if you want to earn a 12% return on your equity investments?

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Finance Basics: Abc offers a common stock that pays an annual dividend of

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Finance Basics: Abc offers a common stock that pays an annual dividend of

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