Kennesaw Corp. has just paid a dividend of $2.5, and the future dividends are projected to...

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Kennesaw Corp. has just paid a dividend of $2.5, and the future dividends are projected to increase constantly at 5%. What would be the price of the stock is the required rate of return is 14%? 1) $24.18 2) $29.17 3) $32.45 4) $36.40 Kennesaw Corp. has just paid a dividend of $2.5, and the future dividends are projected to increase constantly at 5%. What would be the price of the stock is the required rate of return is 14%? 1) $24.18 2) $29.17 3) $32.45 4) $36.40