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A stock sells for $155.00 per share and has a required rate of return of 10%. Dividends are paid annually and is expected to increase
A stock sells for $155.00 per share and has a required rate of return of 10%. Dividends are paid annually and is expected to increase at a constant 5% per year. What is the amount of the last dividend paid?
$1.55 | ||
$2.22 | ||
$5.58 | ||
$7.38 |
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