Question: CCT, Inc. expects its current annual $3 per share common stock dividend to remain the same for the foreseeable future. Therefore, the value of the

CCT, Inc. expects its current annual $3 per share common stock

CCT, Inc. expects its current annual $3 per share common stock dividend to remain the same for the foreseeable future. Therefore, the value of the stock to an investor with a required return of 15% is Select one: a. $ 3.53 b. $45.00 c. $ 4.50 d. $20.00

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