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#22 A firm will pay a dividend of $4.61 next year. The dividend is expected to grow at a constant rate of 3.23% forever and
#22 A firm will pay a dividend of $4.61 next year. The dividend is expected to grow at a constant rate of 3.23% forever and the required rate of return is 14.15%. What is the value of the stock? Submit Answer format: Currency: Round to: 2 decimal places. unanswered not_submitted Attempts Remaining: 4 #24 The market price of a stock is $27.25 and it is expected to pay a $2.31 dividend next year. The dividend is expected to grow at 3.87% forever. What is the required rate of return for the stock? Submit Answer format: Percentage Round to: O decimal places (Example: 9%, % sign required. Will accept decimal format rounded to 2 decimal places (ex: 0.09)) unanswered not_submitted Attempts Remaining: 4
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