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Business, 07.05.2020 14:58 slippedsumo

Walpurg, Inc. paid $1.30 as an annual dividend per share last year. The company is expected to increase their annual dividends by 6% each year. How much should you pay to purchase one share of this stock if you require a 9% rate of return on this investment?

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Walpurg, Inc. paid $1.30 as an annual dividend per share last year. The company is expected to incre...
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