Question
A stock is currently priced at $ 1 2 0 . 5 0 per share. The stock expects to pay its annual dividend one year
A stock is currently priced at $ per share. The stock expects to pay its annual dividend one year from today. Investors require a rate of return of percent on this stock and the stocks dividends grow at a constant rate of percent per year. How much is next years expected dividend if the stock is correctly priced? $ $ $ $ $
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