A company just paid a dividend of $2.20 per share. Dividends are expected to grow at a

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A company just paid a dividend of $2.20 per share. Dividends are expected to grow at a constant rate of 4% per year, indefinitely. Investors require an annual return of 11%. How much will they pay for the company's shares today?

Posted Date: Jun 24, 2024 02:12 PM

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A company just paid a dividend of $2.20 per share. Dividends are expected to grow at a

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