Question: Smooth Ride Inc.'s future dividends is expected to increase by 5.9% each year. The company just paid $3.75 annual dividend. If Nancy requires an annual

Smooth Ride Inc.'s future dividends is expected to increase by 5.9%

Smooth Ride Inc.'s future dividends is expected to increase by 5.9% each year. The company just paid $3.75 annual dividend. If Nancy requires an annual return of 10.1%, she is willing to pay for one share of the company's stock. $88.25$69.34$79.43$94.55$18.20

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