If you require an 1310 percent return on your investment


Metroplex Corporation will pay a $5.90 per share dividend next year. The company pledges to increase its dividend by 6.00 percent per year indefinitely. Required: If you require an 13.10 percent return on your investment, how much will you pay for the company's stock today? $86.42 $83.10 $29.14 $78.39 $79.77

 

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Financial Management: If you require an 1310 percent return on your investment
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