Aa co has just paid a dividend of 052 next years dividend


AA Co. has just paid a dividend of $0.52. Next year's dividend is expected to be 15% higher, after which the dividend will remain the same indefinitely. Assuming shareholders require a rate of return of 20%, what is the price of the stock today?

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Basic Statistics: Aa co has just paid a dividend of 052 next years dividend
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Now Priced at $10 (50% Discount)

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