Stock a has settle into a constant dividend growth pattern, Financial Management

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Stock a has settle into a constant dividend growth pattern

Stock A has settle into a constant dividend growth pattern of 6%. The current dividend is $1.59, its current price is 15.90. You are an analyst and believe that the required return on Stock B is the same as that of Stock A. If Stock B pays a constant (flat) dividend of $2.00 what is the estimate of Stock B's price

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Financial Management: Stock a has settle into a constant dividend growth pattern

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Financial Management: Stock a has settle into a constant dividend growth pattern

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