Mariota Corp. has just paid a dividend of $3.25 per share on its stock. The dividend growth
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Mariota Corp. has just paid a dividend of $3.25 per share on its stock. The dividend growth rate is expected to be 4.25 forever and investors are demanding a return of 11.5 percent on this stock. What will the stock price be in 7 years?
Related Book For
Corporate Finance Core Principles And Applications
ISBN: 9781260571127
6th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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