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Assume Highine Comgeny has just paid an annual dividend of $0.99. Analysts are predicting an 11.9% per year growth rase in eamings over the nex5.6%
Assume Highine Comgeny has just paid an annual dividend of $0.99. Analysts are predicting an 11.9% per year growth rase in eamings over the nex5.6% per year. If Highline's equity cost of capizal is 8.9% per year and its difidend payout rasio remains constant, for what price dces the dividenc-discount model predict Highline stock should sol? The valive of Highlina's sock is 1 (Round to the netest cent)
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