Question: Java City is expected to pay a dividend of $1.00 per share at the end of the year. The required rate of return is 11%.

Java City is expected to pay a dividend of $1.00 per

Java City is expected to pay a dividend of $1.00 per share at the end of the year. The required rate of return is 11%. The dividend is expected to grow at a constant rate of 8.5% a year. What is the stocks value per share? O $20.00 $40.00 $100.00 $50.00

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