If you want a return of 16 percent how much will you pay


Wesen Corp. will pay a dividend of $4.30 next year. The company has stated that it will maintain a constant growth rate of 4.75 percent a year forever.

If you want a return of 16 percent, how much will you pay for the stock?

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Finance Basics: If you want a return of 16 percent how much will you pay
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