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A stock just paid a dividend of $ 4 . 0 0 . Next year, you are expecting this dividend to grow by 1 0
A stock just paid a dividend of $ Next year, you are expecting this dividend to grow by and you are expecting the company to generate earnings of $ per share next year. Looking at comparable firms, you believe that next year, this company will achieve a pricetoearnings PE ratio of Given your projections, if the companys stock has a required return of what price would you be willing to pay for a share of this stock today?
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