If you required a return of 17 percent on the stock what is, Financial Management

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If you required a return of 17 percent on the stock what is

The dividend for Should I, Inc., is currently $1.15 per share. It is expected to grow at 20 percent next year and then decline linearly to a perpetual rate of 5 percent beginning in four years. If you required a return of 17 percent on the stock, what is the most you would pay per share? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Financial Management: If you required a return of 17 percent on the stock what is

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Financial Management: If you required a return of 17 percent on the stock what is

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