If you require a 8 percent rate of return how much are you


Phantron Inc. just paid $1.40 to their shareholders as the annual dividend. Simultaneously, the company announced that future dividends will be increasing by 2% percent.

If you require a 8 percent rate of return, how much are you willing to pay to purchase one share of the stock?

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Financial Management: If you require a 8 percent rate of return how much are you
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