A share of common stock has just paida dividend of 250 d0


A share of common stock has just paida dividend of $2.50 (D0). If the expected long run growth rate for this stock is 4 percent per year, and if investors require a 12 percent rate of return,what is the price of the stock?

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Financial Management: A share of common stock has just paida dividend of 250 d0
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