Boots roofing just paid its annual dividend of 2 a share, Financial Management

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Boots roofing just paid its annual dividend of 2 a share

Boots Roofing just paid its annual dividend of $2 a share (this is DIV0). The firm recently announced that all future dividends will be increased by 2.75 percent annually. What is one share of this stock worth to you today if you require a 7 percent rate of return?

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Financial Management: Boots roofing just paid its annual dividend of 2 a share

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