If investors require a 11 return on equity what is the, Financial Management

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If investors require a 11 return on equity what is the

Hubbard Industries just paid a common dividend, D0, of $1.70. It expects to grow at a constant rate of 3% per year. If investors require a 11% return on equity, what is the current price of Hubbard's common stock? Round your answer to the nearest cent. Do not round intermediate calculations.

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Financial Management: If investors require a 11 return on equity what is the

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