Question: Metroplex Corporation will pay a $3.20 per share dividend next year. The company pledges to increase its dividend by 7.10 percent per year indefinitely Required:

Metroplex Corporation will pay a $3.20 per share dividend next year. The company pledges to increase its dividend by 7.10 percent per year indefinitely Required: If you require an 10.60 percent return on your investment, how much will you pay for the company's stock today? $91.43 $95.09 $85.37 58787 $16.88
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