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FinanceQ&A LibraryEarthly Foods just paid its annual dividend of $1.45 a share. The firm recently announced that all future dividends will be increased by 2.8% each year forever. What is the fair price of the stock if an investor requires a 14% rate of return? Group of answer choices $12.95 $13.31 $13.68 $14.07Question

Earthly Foods just paid its annual dividend of $1.45 a share. The firm recently announced that all future dividends will be increased by 2.8% each year forever. What is the fair price of the stock if an investor requires a 14% rate of return?

Group of answer choices

$12.95

$13.31

$13.68

$14.07

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