Brigapenski co has just paid a cash dividend of 2 per share


Brigapenski Co. has just paid a cash dividend of $2 per share. Investors require a 16% return from investments such as this. If the dividend is expected to grow at a steady 8% per year, what is the current value of the stock? a. $27 b. $36.73 c. $25 d. $39.68

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Financial Management: Brigapenski co has just paid a cash dividend of 2 per share
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