Question: solve problem, show equation and process. NO EXCEL 0.19 A com o 20% 2 T 26. A share of common stock has just paid a

solve problem, show equation and process. NO EXCEL

0.19 A com o 20% 2 T 26. A share of common stock has just paid a dividend of $2.00. If the expected long-run dividend growth rate for this stock is 6 percent, and if investors require a 12 percent rate of return, what is the current price of the stock

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