Metroplex corporation will pay a 304 per share dividend, Financial Management

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Metroplex corporation will pay a 304 per share dividend

Metroplex Corporation will pay a $3.04 per share dividend next year.

The company pledges to increase its dividend by 3.8 percent per year indefinitely.

If your require an 11 percent return on your investment, how much will you pay for the company's stock today?

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Financial Management: Metroplex corporation will pay a 304 per share dividend

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Financial Management: Metroplex corporation will pay a 304 per share dividend

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