Question: A Moving to another question will save this response. Question 16 of 20 Hestion 15 estion 16 10 points Save Answer The company Restoration Hardware

A Moving to another question will save this response. Question 16 of 20 Hestion 15 estion 16 10 points Save Answer The company Restoration Hardware will pay a $2.20 per share dividend next year. The company pledges to increase its dividend by 2.90% per year for perpetuity. If an investor requires an 8.80% return on your investment, how much would they pay for the company's stock today? A. $37.29 Question 16 of 20 Moving to another question will save this response

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