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Business, 01.12.2020 17:20 rosieanneanney

A stock has a current dividend of $1 per share and it is expected to grow 4% annually. If you require an 8% return on the stock, what is the highest price you should be willing to pay for the stock?

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A stock has a current dividend of $1 per share and it is expected to grow 4% annually. If you requir...
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