How much should you be willing to pay for one share of stock if the company just

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How much should you be willing to pay for one share of stock if the company just paid a $1 dividend, you expect the dividends to increase by 5% annually, and you need a 12% return on your investment? (Show calculation)

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Jan 09, 2013 01:54 AM

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How much should you be willing to pay for one share of stock if the company just

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Fundamentals of Investing

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