If the required rate of return for this stock is 1091 what


Suppose Nabisco Corporation just issued a dividend of $1.11 per share yesterday. Subsequent dividends will grow at a constant rate of 7.50% indefinitely. If the required rate of return for this stock is 10.91% , what is the value of a share of common stock today?

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Financial Management: If the required rate of return for this stock is 1091 what
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