What is the value of this stock at the beginning of 2013


Waller Co. paid a $0.142 dividend per share in 2000, which grew to $0.300 in 2012. This growth is expected to continue.

What is the value of this stock at the beginning of 2013 when the required return is 14.2 percent? (Round the growth rate, g, to 4 decimal places. Round your final answer to 2 decimal places.)

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Financial Management: What is the value of this stock at the beginning of 2013
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