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If Rupert Company is expected to deliver a $1.50 in dividend every year for 150 years,...

If Rupert Company is expected to deliver a $1.50 in dividend every year for 150 years, approximately how much would a share be worth if you assume the interest rate over that time is 5%?

(a) $30

(b) $40

(c) $100

(d) $150

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