Stacker Weight Loss currently pays an annualyear-end dividend of $1.20 per share. It plans to increase this
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Question:
Stacker Weight Loss currently pays an annualyear-end dividend of $1.20 per share. It plans to increase this dividend by 2.5% next year and maintain it at the new level for the foreseeable future. If the required return on thisfirm's stock is 7%, what is the value ofStacker's stock?
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