The blitz corporation is expected to pay a 150 per share, Financial Management

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The blitz corporation is expected to pay a 150 per share

The Blitz Corporation is expected to pay a $1.50 per share dividend at the end of the year. The dividend is expected is expected to grow at a constant rate of 6% per year. The required rate of return on the stock is 11%. What is the current value per share?

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Financial Management: The blitz corporation is expected to pay a 150 per share

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