If you require a 15 percent return on the stock what is the, Financial Management

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If you require a 15 percent return on the stock what is the

The dividend for Should I, Inc., is currently $1.6 per share. It is expected to grow at 12 percent next year and then decline linearly to a 3 percent perpetual rate beginning in four years. If you require a 15 percent return on the stock, what is the most you would pay per share? (Round intermediate calculations to 3 decimal places and final answer to 2 decimal places. Omit the "$" sign in your response.)

Pay per share $

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Financial Management: If you require a 15 percent return on the stock what is the

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