Question: education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question Redemption value ... QuickBooks Login --.. Saved Help Save & Exit Simplicity is a relatively new firm that appears to be on the road

education.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/question Redemption value ... QuickBooks Login --.. Saved Help Save & Exit Simplicity is a relatively new firm that appears to be on the road to great success. The company paid their first annual dividend yesterday in the amount of $0.15 a share. The company plans to double each annual dividend payment for the next four years. After that time, they are planning on paying a constant dividend of $2 50 per share indefinitely. What is one share of this stock worth today if the market rate of return on similar securities is 13.45%? Multiple Choice O $12.32 $12.77

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