What is the current price of a share of stock when the last dividend was $3.00, the

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What is the current price of a share of stock when the last dividend was $3.00, the
growth rate is 6 percent, and the investor's required rate of return is 12 percent?
$25.00
$26.50
$50.00
$53.00

Related Book For answer-question

Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Posted Date: Dec 12, 2022 06:30 AM

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Foundations of Financial Management

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