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Aladdins Eatery just paid an annual dividend of $1.32 per share on its common stock. The company plans to pay annual dividend of $1.40 per
Aladdins Eatery just paid an annual dividend of $1.32 per share on its common stock. The company plans to pay annual dividend of $1.40 per share next year. Given that the company uses a constant rate of growth dividend policy, what will one share of this common stock be worth twenty years from now if the required return is 16 percent?
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