Question: A security pays $3.30 dividend each year lf the this dividend is expected to grow at 10% per year, and if you require an annual

A security pays $3.30 dividend each year lf the this dividend

A security pays $3.30 dividend each year lf the this dividend is expected to grow at 10% per year, and if you require an annual rate of return of 16 percent, then how much should you be willing to pay for a share of this security? $61 $49 $58 o $35 $55

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