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Business, 21.10.2020 17:01 naomicervero

Builtrite stock just paid a dividend of $5 and dividends are expected to grow at a 4% annual rate. If you require a 10% annual return, what do you believe is a fair price for Builtrite stock? A. $88.33.
B. $83.33.
C. $84.00.
D. $80.00.

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