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Unique Stores Common Stock Pays a Constant Annual Dividend of $1.75

Question 18

Multiple Choice

Unique Stores common stock pays a constant annual dividend of $1.75 a share.What is the value of this stock at a discount rate of 13.25 percent?

A) $12.50
B) $13.33
C) $13.21
D) $12.88
E) $14.18

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