Question: Please answer asap, will upvote! Vaughn Financial Ltd. is interested in investing in Scion Systems Inc. Scion's current dividend is $5.70 and its shares are

Please answer asap, will upvote! Vaughn Financial Ltd. is interested in investing

Please answer asap, will upvote!

Vaughn Financial Ltd. is interested in investing in Scion Systems Inc. Scion's current dividend is $5.70 and its shares are selling for $40. The required rate of return for firms like Scion is 9 percent. Vaughn has conducted an extensive analysis of the company and believes that the dividend growth rate should be 4 percent. Should Vaughn buy the stock at $40 ? (Round answer to 2 decimal places, e.g. 105.25.) Price of the stock should be $ Vaughn buy the stock

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