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Ayayai Corp. has a current stock price of $32.08. The company paid $1.13 in dividends this year and dividends are expected to grow at 6%
Ayayai Corp. has a current stock price of $32.08. The company paid $1.13 in dividends this year and dividends are expected to grow at 6% per year. If you have a required return of 11%, what is Ayayai Corp. worth to you?
$21.84.
$32.08.
$36.28.
$23.96.
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