A company expects to pay dividend of 072 next year


Question: A company expects to pay dividend of $0.72 next year. Dividends have been growing at a compound annual rate of 6% and are expected to continue growing at that rate forever. What is the value of the company's share to an investor who requires a 14% rate of return? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: A company expects to pay dividend of 072 next year
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