Question: x Your answer is incorrect. Try again. Carla Vista Corp. has been selling electrical supplies for the past 20 years. The company's product line has
x Your answer is incorrect. Try again. Carla Vista Corp. has been selling electrical supplies for the past 20 years. The company's product line has changed very little in the past five years, and the company's management does not expect to add any new items for the forestgable future. Last year, the company paid a dividend of $4.55 to its common stockholders. The company is not expected to increase its dividends for the next several years. If your required rate of return for such firms is 14 percent, what is the current value of this company's stock? (Round answer to 2 decimal places, e.g. 15.25.) Current value 42.79 Click if you would like to Show Work for this questions Open Show Work SAVE FOR LATER SUBMIT ANSWER Question Attemptsi 1 of 2 used by Study
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