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You want to purchase some shares of JJ Farms stock but need a 14.5 percent rate of return to compensate for the perceived risk. What is the maximum you are willing to spend per share to buy this stock if the company pays a constant $1.25 annual dividend per share?

  • 9.38
  • $9.11
  • $8.62
  • $9.26
  • $8.47

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91646238

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