The stock of billy home goods currently sells for 3025 per, Financial Management

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The stock of billy home goods currently sells for 3025 per

The stock of Billy Home Goods pays an annual dividend that is expected to increase by 8% per year. The stock is priced to earn a required rate of return equal to 11%. The stock of Billy Home Goods currently sells for $30.25 per share. What is the amount of the current dividend paid to this stock?

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Financial Management: The stock of billy home goods currently sells for 3025 per

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