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ANSWER MUST BE IN EXCEL FORMAT - EXAMPLE - =D7+D9/E8 Calculate the payment for the companys stock. ANSWER MUST BE IN EXCEL FORMAT - EXAMPLE

ANSWER MUST BE IN EXCEL FORMAT - EXAMPLE - =D7+D9/E8

  1. Calculate the payment for the companys stock.

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ANSWER MUST BE IN EXCEL FORMAT - EXAMPLE - =D7+D9/E8

  1. Calculate the payment for the companys stock.
Staal Corporation will pay a $3.40 per share dividend next year. The company pledges to increase its dividend by 4.5 percent per year indefinitely. If you require a return of 11 percent on your investment, how much will you pay for the company's stock today? $ Dividend next year Dividend growth rate Required return 3.40 4.50% 11% Complete the following analysis. Do not hard code values in your calculations. Price

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