Metroplex corporation will pay a 360 per share dividend, Financial Management

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Metroplex corporation will pay a 360 per share dividend

Metroplex Corporation will pay a $3.60 per share dividend next year. The company pledges to increase its dividend by 7.50 percent per year indefinitely. Required: If you require an 17.40 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 360 per share dividend

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Financial Management: Metroplex corporation will pay a 360 per share dividend

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