The market return for xyz stock is 8 what is the expected


Question

XYZ is expected to pay a dividend next year of $1.20. The growth in dividends is expected to be 4% per annum indefinately. The market return for XYZ stock is 8%. What is the expected price of the stock? Please show your work.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management: The market return for xyz stock is 8 what is the expected
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