Romo Corporation will pay a dividend of $3.64 per share next year. The company pledges to increase
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Romo Corporation will pay a dividend of $3.64 per share next year. The company pledges to increase its dividend by 4.3 percent per year indefinitely. If you require a return of 11 percent on your investment, how much will you pay for the company’s stock today?
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Related Book For 
Corporate Finance Core Principles And Applications
ISBN: 9781260571127
6th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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