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Which of the following amounts is closest to what should be paid for Overland common stock? Overland has just paid a dividend of $0.98. These dividends are expected to grow at a rate of 7.6% in the foreseeable future. The risk of this company suggests that future cash flows should be discounted at a rate of 8.9%. Show your answer to the nearest $.01. Do not use the $ sign in your answer.

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Category:- Financial Management
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