The last dividend paid by xyz company was 100 xyzs growth


Question - The last dividend paid by XYZ Company was $1.00. XYZs growth rate is expected to be a constant 5 percent. XYZ's required rate of return on equity (ks) is 10 percent. What is the current price of XYZ's common stock?

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Accounting Basics: The last dividend paid by xyz company was 100 xyzs growth
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