If louie requires a 10 return on this investment what is, Financial Management

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If louie requires a 10 return on this investment what is

Louie the Lumberjack is interested in investing in the stock of Chevron (CVX). His research showed that CVX paid a dividend of $0.75/share last year and expects they can grow the dividend at 3.8% forever.

If Louie requires a 10% return on this investment, what is the price he would be wiling to pay for the stock?

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