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Company C just paid a dividend of $2.80 on its common stock. The dividends of Company C are expected to grow at 6% per year
Company C just paid a dividend of $2.80 on its common stock. The dividends of Company C are expected to grow at 6% per year indefinitely. If required rate of return on the common stock of company C is 12%, estimate the value of Company C stock four years from now.
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