The stock in Up-Towne Movers is selling for $44.80 per share. Investors have a required return of
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Question:
The stock in Up-Towne Movers is selling for $44.80 per share. Investors have a required return of 9.3 percent and expect the dividends to grow at 3.7 percent indefinitely. What was the dividend the company just paid?
$2.21
$2.51
$2.42
$2.38
$2.74
Related Book For
Fundamentals of Financial Management
ISBN: 978-0324664553
Concise 6th Edition
Authors: Eugene F. Brigham, Joel F. Houston
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