Business

Kolton Wilkinson

15 July, 12:29

A share of common stock just paid a dividend of $1.00. if the expected long-run growth rate for this stock is 5.4%, and if investors' required rate of return is 11.4%, what is the stock price? 1. $16.28 2. $16.70 3. $17.13 4. $17.57 5. $18.01

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