Question: can you solve it Example 2. Quarterly dividends forever Let's say that the Peak Growth Company is paying a quarterly dividend of $0.50 and has

can you solve it can you solve it Example 2. Quarterly dividends forever Let's say that

Example 2. Quarterly dividends forever Let's say that the Peak Growth Company is paying a quarterly dividend of $0.50 and has decided to pay the same amount forever. If Joe wants to earn an annual rate of return of 12% on this investment, how much should he offer to buy the stock at

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