Bolwork inc is expected to pay a dividend of 5 per share, Finance Basics

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Bolwork inc is expected to pay a dividend of 5 per share

Bolwork Inc. is expected to pay a dividend of $5 per share next year. Bolwork's dividends are expected to grow by 3 percent annually. The required rate of return for Bolwork stock is 15 percent. Based on the dividend discount model, a fair value for Bolwork stock is $____ per share.

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Finance Basics: Bolwork inc is expected to pay a dividend of 5 per share

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Finance Basics: Bolwork inc is expected to pay a dividend of 5 per share

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