What is the maximum amount you should pay to purchase a, Financial Management

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What is the maximum amount you should pay to purchase a

Angelo, Inc.’s most recent dividend was $4.25 per share. The company announced that all future dividends will increase by 5.5 percent annually. What is the maximum amount you should pay to purchase a share of Angelo’s stock if your goal is to earn a 13 percent rate of return?

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Financial Management: What is the maximum amount you should pay to purchase a

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