If the required rate of return is 15 percent what is the, Financial Management

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If the required rate of return is 15 percent what is the

The common stock of Rho Corporation paid $1.50 in dividends last year. Dividends are expected to grow at 11 percent for the next two years. It is expected that each share of common stock will have a value of $75 in two years. If the required rate of return is 15 percent, what is the value of the stock?

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