I need the answer and the work Fox's Pizza currently pays no dividends on its stock. Management

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Fox's Pizza currently pays no dividends on its stock. Management decides to issue

dividends of $2.15 per share three years from now and expect to increase dividends by 2% every

year after. What is the price of the company's stock today if the rate of return is 21%?

Posted Date: May 19, 2024 03:00 AM

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