Arsenal Corp. just paid a dividend of $ 1 . 6 0 . Dividends are expected to

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Question:

Arsenal Corp. just paid a dividend of $

1.60 .

Dividends are expected to grow at a rate of

20 %

each year for the next

2

years and will slow to

6 %

annually after that. If the required rate of return is

10 %,

what is Arsenal

s stock price?

Posted Date: May 19, 2024 01:12 AM

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