Simon, Co . just paid a $ 0 . 8 5 annual dividend. The company has a
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Question:
Simon, Co just paid a $ annual dividend. The company has a policy whereby the dividend increases by annually. You would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another two years. If you desire a rate of return, how much should you expect to pay for shares when you can afford to buy this stock?
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