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The texas company has paid an annual dividend of 101 per

The Texas Company has paid an annual dividend of $1.01 per share for some time. Recently the board of directors voted to grow the dividend by 3% from now on. What is the most you would be willing to pay for a share of Texas if you expect a 8% return on your stock investments?

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Business Management: The texas company has paid an annual dividend of 101 per

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