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Campbell Soup Co. (CPB) paid a $0.752 dividend per share in 2003, which grew to $0.94 in 2006. This growth is expected to continue. What
Campbell Soup Co. (CPB) paid a $0.752 dividend per share in 2003, which grew to $0.94 in 2006. This growth is expected to continue. |
What is the value of this stock at the beginning of 2007 when the required return is 9.2 percent? (Round the growth rate, g, to 4 decimal places. Round your final answer to 2 decimal places.) |
Stock value | $ Show work |
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